Since the gradual popularity of vaping, there are several serious concerns about vaping:
- It will reduce or possibly even destroy cigarette sales in most countries.
- It will greatly harm federal tax revenues, as cigarette taxes will be reduced, and it is hard to tax an as-yet harmless substitute.
- It will destroy State and City tax revenues, as cigarette smoking prevalence falls. As more smokers switch to vaping, States will see revenues fall correspondingly.
- It will destroy the MSA funding for States. These funds pay for enormous salaries for Attorneys General, and State employee pensions currently, so you can see that some voices will be screaming in pain.
- It will destroy the pharma front groups and fake charities that depend on the cigarette sales gravy train. The CEOs of many of these fake charities earn $1 million a year plus. Look it up. By god they are screaming now.
- It will raise costs for pensions, because smoking (they say) kills smokers an average of 10 years early; but vaping doesn't kill anyone except there are some accidents. Therefore, ten years of pensions will have to be paid for the millions who won't die early.
- Vaping will destroy the smoking economy: the $1.5 trillion a year money machine all those listed above have their snouts in.