Updated
Updated · Fox News · Jul 15
Minnesota, Washington Hit Vaping Products With $17.90 Taxes as 16 States Levy None
Updated
Updated · Fox News · Jul 15

Minnesota, Washington Hit Vaping Products With $17.90 Taxes as 16 States Levy None

1 articles · Updated · Fox News · Jul 15

Summary

  • $17.90 per product is the highest vaping tax burden in the U.S., with Minnesota and Washington tied at the top and Vermont close behind at about $17.33.
  • 95% wholesale tax rates in Minnesota and Washington help drive those totals, and Tax Foundation policy director Adam Hoffer said they can nearly double a product's legal price.
  • $0.36 is the lowest burden among states that tax vaping products—shared by Delaware, Georgia, Kansas, Nebraska, North Carolina and Wisconsin—while 16 states impose no statewide vape tax.
  • Declining cigarette tax revenue is pushing more states to tax vaping, but the patchwork of milliliter, retail-price, wholesale-price and product-type formulas makes state comparisons difficult.
  • Higher levies can also shift consumer behavior, with vapers sometimes crossing into lower-tax neighboring states, especially around the Washington, D.C., region.

Insights

With vape taxes soaring, are states ignoring the risk of driving consumers back to traditional cigarettes?
As states create an $18 price gap, how will new FDA policies reshape the chaotic American vape market?