General Discussion
In reply to the discussion: This message was self-deleted by its author [View all]Jesus Malverde
(10,274 posts)I am calling BS.
Why would anyone, in the vaporizer market need to go after children. The market is full of adults wanting the product, there is no shortage of adult customers. The market is wide open as people see these as effective tools to manage their nicotine addiction.
Whats obvious is reduced revenue streams for programs funded by tobacco as people switch to non taxed products. Don't be distracted this isn't about the children, it's about a huge loss of revenue for the state.
Cigarette tax increase sought to fund brain and stem cell research
http://www.centralvalleybusinesstimes.com/stories/001/?ID=25394
Obama to announce Tobacco Tax plan for funding Pre K
Katy Grimes: A newly released federal study reports that California has not only used very little of the billions of dollars in tobacco tax and tobacco settlement money it receives, the state has raided the tobacco fund to plug budget holes.
The Centers for Disease Control and Prevention recently reported that only 6 percent of the funds collected from cigarette taxes and funds from a 1998 tobacco lawsuit settlement went to tobacco programs in California.
This is what happens when governments collect targeted tax money with few specifications on how that money is to be spent.
With all of the recent press for and against Proposition 29, The California Cancer Research Act, which claims to be another tobacco tax aimed at preventing children from smoking, or helping smokers quit the habit, this could end up being a bottomless pit of funds.
But with Prop 29, there arent even any restrictions requiring that the money be spent in California. Prop 29 will add another $1.00 tax to each $5.19 pack of cigarettes in California. The tax is expected to generate $735 million a year and create a new, expensive state bureaucracy.
But the CDC study shows that states have a bad habit of not using tobacco taxes for tobacco education or cessation.
http://calwatchdog.com/2012/05/31/state-raids-tobacco-tax-money/
Money money money...every day less for the state as people switch to tobacco tax free vaping.