Earlier this year, a Kentucky House Committee approved a bill to raise about $50 million by imposing new excise taxes on tobacco products and increasing existing taxes on tobacco products other than cigarettes, which came into effect last month, vapingpost reported.
In February last year, state representative Jerry Miller (r-louisville) proposed an amendment to house bill 32, agreeing to reduce the tax increase so that the tax revenue of the state budget is lower than the original commitment of $94 million. Ben Chandler, President of the health Kentucky foundation, believes the tax increase is a step in the right direction because it prevents teenagers from buying these products. "A big tax increase can reduce e-cigarette consumption," he said
"Most of these children are 11 and 12 years old," Chandler added. And they're trying a product with a high nicotine content, made in such a way that it can attract them almost overnight and subject them to lifelong addiction, one of the most intractable addictions on earth. "
Starting this week, a new excise tax on e-cigarettes will increase the price of boxed e-cigarettes by $1.50 per pack, and containers that can be refilled with e-cigarettes will be taxed at 15% of the wholesale price.
Bonnie Hackbarth, head of tomorrow's smoke-free alliance, said research shows that increasing the price of nicotine products will prevent people from using them. "Before the FDA's partial ban on flavored e-cigarettes even started, e-cigarette companies have launched products that exploit one of the loopholes, namely disposable e-cigarettes. The tax will also apply to these products. "