New Tax Implemented on Vaping Products
A new tax on vaping products has taken effect. Retailers currently absorb the costs, but prices for consumers are expected to rise.
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Why it matters locally: This new federal tax on vaping products will likely affect consumers and retailers across North Carolina, adding to the cost of these items throughout the state. North Carolina already has its own state excise tax on vaping products, which was implemented in 2023.
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.Related Topics
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