USA vape shops closed due to heavy taxes.

[Waine]

This is rather sad. I so hope SA don't go the same way.

http://www.mcall.com/business/mc-biz-vape-tax-pa-20170911-story,amp.html


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[RichJB]

Sin taxes are unfortunately an easy win for govt. 80% of taxpayers neither smoke nor vape. So it's the lowest of low-hanging fruit for the govt.

 

[Waine]

Well said @RichJB

I think if the SA government go this route, I will stock up on 3 yrs supply of DIY.


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[RichJB]

I see that in Penn they are proposing a 5c per ml tax on juice instead of the blanket 40% on wholesale. I don't think Enyawreklaw will have any problems with that, heh. More subscribers to his website, more views on his podcasts, more vapers buying his one-shots. Although one wonders how long the powers-that-be will leave the DIY loophole open? DIY escaped almost unscathed from the FDA deeming regs. I'd be surprised if that continued indefinitely.

 

[Waine]

It's an epiphany that they don't put sin tax on Mac Donald's burgers that are so super unhealthy. Or on sugar free gum or diet cola which contains Aspartame, a dangerous chemical. I hate properly un- researched over regulation.


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[RichJB]

I suppose their bottom line is that people need to eat, we can't survive without it. But can we survive without nicotine? 80% of the population seem to manage just fine. It's easy to sell a sin tax to the 80% of voters who don't smoke. It's harder to sell a sin tax to the 100% of people who do eat.

Sin taxes are designed to discourage people from certain activities. Govt want people to stop smoking and drinking. Asking them to stop eating would be a bit harsh.

 

[craigb]

Asking them to stop eating would be a bit harsh.

They achieve that with regular taxes.

 

[kev mac]

This is rather sad. I so hope SA don't go the same way.

http://www.mcall.com/business/mc-biz-vape-tax-pa-20170911-story,amp.html


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My country never saw something they couldn't put a tax on! Unfortunately my state is the most business unfriendly and is looking in this direction.What they do to small business owners is a sin.Plus if the powers that be can screw the vape industry it's a bonus.