The small Mid-Atlantic state of Delaware, nestled between New Jersey and Maryland, has put into effect a new tax on vape products.
As of January 1, 2018, e-juices, which are liquid blends used by e-cigs and other types of liquid vaporizers that often contain nicotine, are now being taxed by the milliliter.
Delaware residents must now pay a tax of five cents for every fluid milliliter of e-liquid that they buy.
The new levy was signed into law last July by Delaware Governor John Carney after being passed by the state’s general assembly.
Vapers aren’t alone in forking over more money for the products they already buy, as alcohol consumers are traditional tobacco cigarette consumers are also now subject to higher prices – the result of an increase in taxes stemming from the state’s attempts to balance their budget.
The reference, the increased taxes on consumer products comes as the state attempts to avoid a multi-hundred-million-dollar deficit to the tune of $400 million.
Taxes on cigarettes in the state increased by 50 cents and the tax on alcohol increased by a few cents per ounce, depending on the type of alcohol.
Will it work? While state lawmakers seem to think so, there’s a chance that it could backfire like we saw in the state of Pennsylvania following their decision to add a 40 percent wholesale tax to e-juice products. After the tax in Pennsylvania went into effect, roughly 100 vape shops closed their doors – the result of the state’s hefty e-juice tax. Will the same be true for Delaware or will the, in comparison, modest tax levied against vape juice buyers help the state avoid a $400 million deficit? Share your thoughts in the comments section below.
The Best Portable Vaporizer Under $150...
You Haven't Lived Until You've Tried This Vape...
This Automatic Herb Grinder Can Roll You Joints...