Some sad news right now, Pennsylvania lawmakers decided it was time to start taxing vape shop owners to bridge a budget gap.
A 40% tax will be implemented on all vaping products starting October 1st. In preparation for this, vape shop owners are required to make an inventory, declare the value and pay what they owe by the end of the year.
Vape stores will also be required to buy from a wholesaler with the 40% tax already applied on the products.
How this will affect vape shop owners in Pennsylvania
This new tax has got a lot of vape shop owners thinking if this type of business is still feasible.
Some owners are already talking about closing shop since they can’t afford the new tax. Most stores are owned by one or two people who don’t have the money to cover the tax.
Why are they being attacked?
Dave Norris, president of the Pennsylvania chapter of the Smoke Free Alternatives Trade Association, feels they are being attacked because cigarette smokers are moving to vaping and this has been hurting the government revenue made from taxing tobacco products.
Punishment for doing good
I get it, the government needs to make it’s money. The less people smoke, the less they collect from taxes placed on cigarettes.
I guess it is true that a lot of money is involved in the tobacco industry because the government seems to be worried with the number of people quitting smoking on the rise.
Look at the brightside
Can’t they see that with less people buying cigarettes, less people are also getting sick and dying? I guess they don’t care about things like that.
Taxation is theft
Not only is Pennsylvania robbing hard working Americans of a living, they are robbing smokers of the chance to try vaping to end the nasty habit of smoking.