Tax Fears | Vape Product Tax Hits 50% Over Retail, Could Get Worse | RegWatch

Tax Fears | Vape Product Tax Hits 50% Over Retail, Could Get Worse | RegWatch

It’s hard to imagine how Canada’s new excise tax on nicotine vaping products won’t drive scores of people back to smoking. When combined with the sales tax, the effective federal tax rate on most vaping products bloats to more than 50 percent over retail. This massive increase in price pushes…

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