New Tax Implemented on Vaping Products

Why it matters locally: This new federal tax on vaping products will likely lead to increased prices for consumers across Tennessee, impacting local retailers and individuals who purchase these products.

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.