Legislators in Pennsylvania recently passed a $1.3-billion revenue package at the expense of e-cigarettes. The 40% wholesale tax on e-cigarettes, e-liquids, and vaping devices are upsetting many local shops. The deal, signed by Governor Tom Wolf, is an extension of a current wholesale tax on roll-your-own tobacco.
Michael Curry is the owner of Life Smoke Vapors and comments that most shops aren’t equipped to handle such a huge tax burden on their current inventory. While the tax is ultimately passed on to consumers, he’s worried that it will dissuade people from purchasing traditional tobacco alternatives.
Doctors and the American Cancer Society are supportive of the new taxes. The American Cancer Society hopes that the prices will deter people from smoking and vaping.
Smoking is popular amongst York County citizens. An estimated 21% of adults are smokers and the tax would help them quit and perhaps might stop a new generation of smokers from starting. While smoking and use of traditional tobacco has been linked to disease and high healthcare costs, it remains to be seen what long-term effects come from vaping and e-cigarette use.
E-cigarettes have been fighting a public image war from their inception and have struggled to demonstrate positive effects, but are an excellent way for smokers to quit. The tax comes as e-cigarette companies are wondering how they will comply with the deeming regulations that are went into effect on August 8th, 2016.
Small and medium-sized e-liquid manufacturers fret not! Our Electronic Batch Record software, InstantGMP™ Vape, can help you comply with the new deeming regulations. Check out the demo and request a personalized demonstration where we’ll show you how our software can easily integrate with your current system. Not ready for software? Our Standard Operating Procedures (SOPs) are a great starting point.