Tax on e-cigs up for debate in Santa Fe
February 11, 2019 05:38 PM
SANTA FE, N.M.- New Mexico lawmakers are considering a tax on e-cigarettes.
Rep. Liz Thomson, a Democrat, is backing House Bill 261 which would establish a new tax for e-cigarettes and boost the existing cigarette tax.
Currently, e-cigarettes and vaping products are not subject to the same type of taxes as traditional cigarettes.
If House Bill 261 passes, the tax could tack on up to 76 percent of the price of e-cigarette products.
“What research shows, in terms of tobacco’s products use, the one thing that keeps them from starting is price. The more it costs, the fewer kids will start,” Rep. Thomson said.
However, some people who vape don’t believe the research.
“That's a stupid mentality. It doesn't work because kids are going to go after what they're not supposed to. Kids are going to be drawn to things that they can't have,” said Haracio Beltran, who started vaping because it was a cheaper option than traditional tobacco.
House Bill 261 has stalled in committee but the idea of a tax on e-cigarettes is not dead.
The governor is working with lawmakers on a comprehensive tax package, which could end up including the e-cigarette tax.
Updated: February 11, 2019 05:38 PM
Created: February 11, 2019 04:48 PM
Copyright 2019 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved