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: Massachusetts residents who use vaping products will likely see increased prices as retailers adjust to the new federal tax. The state currently imposes its own excise tax on vaping products, which will now be compounded by this new national 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.Related Topics
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