New Tax Implemented on Vaping Products

Why it matters locally: Montana consumers of vaping products will likely see increased prices as retailers pass on the costs of the new federal tax, impacting local businesses and individual spending.

A new tax on vaping products has gone into effect. Vaping products will become more expensive due to this new tax. Retailers currently absorb the costs associated with the new tax. Experts predict that prices for consumers will increase as retailers adjust to the new levies.