For Smokers, A New Tax On Nicotine is Raising The Price On Quitting

Date:

Inflation. Unemployment. Supply-Chain Disruptions. Debt Ceilings. Pandemics. And that just describes the last few months.

Economic anxiety is gripping every American; the last thing we need is our leaders in Washington finding ways to make life even more expensive.

President Biden campaigned on not raising taxes on Americans making less than $400,000 a year, yet his party in Congress is pushing for a tax and spend plan that would break that pledge. In September, Democrats proposed increasing the tax on tobacco, nicotine, and vapor products.

It’s bad enough that this regressive tax will fall disproportionately on Americans whose income falls under the administration’s definition of “the rich.” But just a few weeks after the tax was announced, the Food and Drug Administration, for the first time, authorized the sale of an e-cigarette because they found the “potential benefit to smokers who switch completely or significantly reduce their cigarette use…”

Read full article here.

Amanda Wheeler – Arizona Daily Independent – 2021-11-16.

Want More Investigative Content?

Curate RegWatch
Curate RegWatchhttps://regulatorwatch.com
In addition to our original coverage, RegWatch curates top stories on issues and impacts arising from the regulation of economic, social and environmental activity in Canada and the U.S.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

MORE VAPING

Industry Plot? | FDA Commissioner Denigrates Tobacco Harm Reduction | RegWatch

Does the regulator responsible for overseeing tobacco products in the U.S. believe in the practice of tobacco harm reduction? According to FDA Commissioner Robert...

Vaping Coverage Get it NOW!

Sign Up for Incisive Content!

RegWatch original video is designed to move opinion. Get our videos first and be the first to share.

Your Information will never be shared with any third party