During the 2018 election, then-Congressman Jared Polis gave his support for vaping products as a form of harm-reduction, even going so far as to retweet an article from the libertarian-leaning CATO Institute titled “E-cig regulation likely to burn low-income Americans.”
Eight months later, it seemed that he had abandoned his beliefs on vaping, moving full-steam ahead with sending a 62% tax increase on vaping products to the voters. It’s difficult to see how one can simultaneously believe that vaping products are an effective tool for smoking cessation while also believing they should be taxed at the same rate as the cancer sticks of yesteryear.
After all, we aren’t taxing nicotine patches and gum at 62%.
While this tax may be a different regulation than what CATO was referring to in that 2018 article, the effect will be the same. Low-income Coloradans will feel the pain.
Vaping – or the use of e-cigarettes – has not only proven to be possibly the most powerful tool we’ve found to get smokers off of traditional cigarettes, but has proven to be a far safer alternative. A 2018 study commissioned by Public Health England found that cancer potencies for e-cigarettes were “largely under 0.5% of the risk of smoking,” yet the governor and his merry band of tax-happy Democrats seem hell-bent on painting them with the same broad brush as cigarettes.
Nobody wants to see our teenagers hooked on nicotine, but in the rush for a solution, we may end up punishing those that are in the process of adding years back to their lives by transitioning from cigarettes to e-cigarettes, and especially those who are lower-income. The CATO Institute, which the governor seems to be (at least somewhat) fond of, concluded in a 2014 study that “adult smoking is largely unaffected by taxes,” and that those taxes “represent a non-trivial burden on low-income families’ budgets.”
Read more at https://coloradosun.com