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WHAT IS AN E-CIGARETTE
[13] Dedicate more time to a hobby you already enjoy, or try something youve always wanted to do
Either the tax is mainly a revenue source, which means they need to engage experts to work out the ideal [lower] rate that will capture the maximum revenue, or they need to keep a high excise rate and then reinvest the receipts into fighting the black market. Richard Holden, an economics professor at the University of NSWs business school, said it was clear the level of the excise rate had passed a tipping point and was now counterproductive
states and the District of Columbia using average revenue from early adopting states, $220 per marijuana-using resident.[53] When designing the tax, rates should be low enough to allow legal markets to undercut, or at least gain price parity with, the illicit market