For starters, this will more likely than not be my last bill for the time being (hence Dallasfan's farewell.)
The sales tax is only 1%, and we accrue a significant amount of revenue from it as is. This is specifically about exempting e-cigarettes from taxation.
Exempting items from taxation isn't an unprecedented idea. Several states exempt
clothes and
food. It's a popular idea in some political circles that punitive/excise taxes ought to be imposed in order to influence and change behavior. My opinion is that if taxes can be levied to change behavior, why can't they be waived?
New Jersey is currently considering imposing additional taxes on e-cigarettes. In addition, New York City is trying to
restrict e-cigarette usage. I think proponents of these measures are knee-jerk reactionaries, and that we ought to do something about it, as New York and New Jersey are under our jurisdiction.
The whole point of this bill is to make e-cigarettes an attractive alternative to tobacco.
E-Cigarettes can be an avenue for quitting, for many people. Encouraging use of e-cigarettes as opposed to tobacco would help the poor, as well.
citationThat's what makes them special. The potential positives (less people smoking, less cancer, et cetera) far outweigh the negatives (minimal loss in tax revenue, when we have had large surpluses.)