New Tax Implemented on Vaping Products

Why it matters locally: Oregonians who purchase vaping products are likely to see an increase in prices as retailers pass on the costs of this new federal tax. Local businesses selling these products will also need to adjust their pricing and accounting practices to comply with the new levy.

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.