"Today’s development is an important step in ensuring Congress explores a means to end this epidemic and ensure the well-being of our youth,” said Rep. Pete King (R-NY).
The plan before the House Ways and Means Committee would raise almost $10 billion in tax revenues over the next ten years, according to the Joint Committee on Taxation.
JCT says House Democrats' new tax on vaping would raise $10 billion over a decade. Ways and Means voting on it this week https://t.co/Qg64SI5cuq
— Erik Wasson (@elwasson) October 21, 2019
House Ways and Means lawmakers will mark up a bill Wednesday that would align the taxation of e-cigarettes and other vaping products with traditional cigarettes. https://t.co/6lhFGdjwyK
— Bloomberg Tax (@tax) October 22, 2019
Work on the tax question involving vaping comes at a time where Congress is asking more questions - and getting alarming answers.
"We are in the midst of an outbreak of severe, acute respiratory disease that has affected more than 1,000 people – mostly youth and young adults – and has resulted in more than 20 deaths," Dr. Michael Siegel of the Boston University School of Public Health told lawmakers at a hearing last week.
“I think it’s possible the epidemic of nicotine-containing E-cigarettes has created a generation that is addicted to vaping, no matter what the product is,” said Anne Schuchat, a top official at the Centers for Disease Control.
In Congress, CDC's Anne Schuchat suggests that e-cig's popularity has created culture of vaping "whatever is in the cartridge" that led to THC vaping linked to lung injury outbreak https://t.co/ph63x4W6Iy
— Dan Vergano (@dvergano) October 16, 2019
The CDC reported last week that the number of what they call "lung injury cases" related to vaping and E-cigarettes is at almost 1,500 people and continues to climb - with deaths linked to such use in 33 states.
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