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New York Faces Punitive Tax On Vape Products

New York State budget includes language that could potentially increase the cost of e-liquid by 10 cents per milliliter.

A detail in the New York State budget proposed by Governor Andrew Cuomo brings to light a tax on e-liquid products that would effectively increase the cost to 10 cents per milliliter.

This at a time when the comparatively new vape industry has grown while tobacco tax revenue is on the decline.

Small business owners believe that their livelihoods are at stake and are concerned with the outcome this rule holds if it passes along with the budget as a whole.

This all according to WGRZ, an NBC affiliate station. Click here for more information, and to watch the broadcast.