Your E-Cigarette Tax Savings
Tax season has begun, so most US citizens are up to their eyeballs in filling out their 1040's, struggling to find anywhere they can save money. If you are a smoker, you may not quite realize just how much money you are throwing away due to tobacco-specific taxes. Thankfully, the National Conference of State Legislatures' website, www.ncls.org, has all the cigarette excise tax info on both the Federal and State level.
E-Cigs Cost Less Than Cigarettes Without Excise Taxes
The math of how much you save by vaping instead of smoking is pretty simple on this level. After you have your starter kit, you just need to buy e cigarette cartridges periodically. On the average, one cartridge costs $2.75, and is roughly equivalent to two packs of cigarettes. For a “pack to pack” comparison, you would spend $1.38 on e cigarettes. Now, compare that to the average cigarette price in your state here:
Alabama: $5.90 Alaska: $5.30 Arizona: $ 6.80 Arkansas: $5.90 California: $7.25 Colorado: $7.00 Connecticut: $7.10 Delaware: $6.70 D.C.: $6.30 Florida: $6.75 Georgia: $6.15 Hawaii: $5.90 Idaho: $5.50 Illinois: $7.75 Indiana: $6.00 Iowa: $6.40 Kansas: $5.10 Kentucky: $6.15 Louisiana: $5.30 Maine: $6.00 Maryland: $7.15 Massachusetts: $8.40 Michigan: $7.35 Minnesota: $6.75 Mississippi: $5.20 Missouri: $6.20 Montana: $5.95 Nebraska: $6.40 Nevada: $7.50 New Hampshire: $6.10 New Jersey: $8.00 New Mexico: $5.15 New York: $8.55 North Carolina: $3.10 North Dakota: $5.50 Ohio: $ 6.75 Oklahoma: $5.90 Oregon: $5.75 Pennsylvania: $5.90 Rhode Island: $7.00 South Carolina: $4.80 South Dakota: $5.95 Tennessee: $5.60 Texas: $6.75 Utah: $6.50 Vermont: $7.00 Virginia: $7.15 Washington: $8.25 West Virginia: $5.15 Wisconsin: $7.15 Wyoming: $5.80
This straightforward comparison is telling enough, but what makes it interesting is just how much of the cost per pack goes above and beyond normal sales taxes.
Cigarette Taxes Don't Apply to Electronic Cigarettes
Cigarette excise taxes are, simply put, money that you pay beyond the basic product cost and sales taxes, and they only apply to analog cigs. Many smokers may not be aware just how much they are paying the government to allow them to buy cigarettes. The federal government itself charges you a dollar a pack. The numbers that follow are what smokers pay to their state governments per pack.
Alabama: 0.425 Alaska: 2.00 Arizona: 2.00 Arkansas: 1.15 California: 0.87 Colorado: 0.84 Connecticut: 3.00 Delaware: 1.60 D.C.: 2.50 Florida: 1.339 Georgia: 0.37 Hawaii: 3.00 Idaho: 0.57 Illinois: 0.98 Indiana: 0.995 Iowa: 1.36 Kansas: 0.79 Kentucky: 0.60 Louisiana: 0.36 Maine: 2.00 Maryland: 2.00 Massachusetts: 2.51 Michigan: 2.00 Minnesota: 1.56 Mississippi: 0.68 Missouri: 0.17 Montana: 1.70 Nebraska: 0.64 Nevada: 0.80 New Hampshire: 1.78 New Jersey: 2.70 New Mexico: 1.66 New York: 4.35 North Carolina: 0.45 North Dakota: 0.44 Ohio: 1.25 Oklahoma: 1.03 Oregon: 1.18 Pennsylvania: 1.60 Rhode Island: 3.46 South Carolina: 0.57 South Dakota: 1.53 Tennessee: 0.62 Texas: 1.41 Utah: 1.70 Vermont: 2.24 Virginia: 0.30 Washington: 3.025 West Virginia: 0.55 Wisconsin: 2.52 Wyoming: 0.60
Unless you live in Missouri or Virginia, what you pay in cigarette taxes alone costs more than e-cigarette refills. All things considered, analogs are not just more expensive than vaporizers, but think of it this way: If you are a pack a day smoker, multiply the added federal and state cigarette excise tax by 365. That's how much per year you are paying the government to let you smoke.
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