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DC Enacts 67% Excise Tax on Ecig Retailers

samanthasamantha Posts: 2,841Administrator, Moderator admin
Full V2 blog post with all details: http://www.v2.com/blog/2015/10/dc-enacts-67-excise-tax-on-ecig-retailers/

On October 1st, Washington D.C. implemented a 67%excise tax on ecig and vaporizer products, including e-liquid. This tax applies to vapor products sold in physical stores, both gas stations and vapor shops, located in the state capitol.

This unfortunate new law is the result of a 2016 budget proposal, which included the Vapor Product Amendment of 2015. This small, yet industry altering amendment effectively stops classifying ecig and vapor products as “other tobacco products,” a classification which required businesses to charge customers a 5.75 percent sales tax on vapor products. Now, vapor products sold in Washington D.C. will be classified under a new vapor category that carries a staggering 67% tax for the retailer. This means that a store owner who sells a $100 vaporizer will owe the city $67 in taxes.

D.C.’s mayor, Muriel Bowser, believes this hefty tax will raise an estimated $400,000 for local programs, ignoring the fact that it will also drive customers away and force people to lose their jobs and businesses. Furthermore, it will reduce convenient access to ecig products for many D.C. residents.
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Comments

  • mrtmrt Posts: 5,021Member ✭✭✭
    edited November 2015
    "That's nice." :( :(( :(


  • MSmith447MSmith447 Posts: 222Member
    This is out of control. 67%??????? 
  • rbaker1009rbaker1009 Posts: 1,119Member
    edited November 2015
    Everyone will simply buy online and avoid the excise tax driving brick and mortar stores out of business. Braindead city business decision to add so much tax people find alternatives and wont even be paying the standard tax.

    Next to New York, D.C. is one of the most over regulated places in the US. My state (CA) is catching up.
  • Navy20Navy20 Posts: 996Member ✭✭

    The whole damn country is going crazy with all these taxes.    Politicians are worried about spending money . . . they just can't find enough ways to get more to spend . . . are they really concerned about "THE PEOPLE" or "THEMSELVES" ?

  • mrwarcriminalmrwarcriminal Posts: 4Member
    All of these new taxes, grants to put cops on the road w-the express intent to write tickets it just doesnt stop...the nickel and dimming of the growing-poor in the US. While just a few thousand people in the states have 80%+ of all the money and all new money. WTF is gonna happen when the middle class 20K to 60K$ a year families cant afford to live? Its all going to sh#t and the fed gov, big businesses and the truly wealthy are driving the country into the ground.
  • MagicMillyMagicMilly Posts: 38Member
    seems like Big Tobacco has some insiders in DC
  • samanthasamantha Posts: 2,841Administrator, Moderator admin
    Is @Navy20 still around here?? If so, hiii!! 
  • Navy20Navy20 Posts: 996Member ✭✭
    @Samantha, Welcome Back
  • samanthasamantha Posts: 2,841Administrator, Moderator admin
     :# 
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