Germany to triple tax.
The German Government unveiled plans to triple the price of vaping liquids, prompting the World Vapers’ Alliance to voice their concern, stating that it will have a “catastrophic effect.”
“The New Tobacco Tax Bill introduced by the German Government will unleash a new black market for vaping products.”
The bill proposes to increase taxes on E-Liquids massively, while only moderately increasing taxes on traditional cigarettes. The price for nicotine-based E-Liquids will practically triple if this law ends up being passed.
“The government says that these taxes will improve public health, but the reality is the exact opposite. As a less harmful alternative, vaping must be more affordable than smoking, to encourage smokers to quit. If Governments want to reduce the burden of smoking on public health, they must make vaping more affordable and more accessible, not less”.
More expensive vaping products will most likely hit lower-income groups the hardest, due to the large proportion of current smokers in Germany.
We’ve seen this before now. Back in 2015 Italy imposed a preposterous 80.5% tax rate on E-Liquids. The hike in prices resulted in thousands of vape shops shutting down and the numbers of vapers fell by almost two-thirds, with the majority turning back to smoking.
Policies such as this ignore the experience of previous plans enacted by other nations. Politicians need to wake up and see sense, things like this just do not work and end up causing much more harm than good.