A proposal to federally tax e-cigarettes and other vaping products on par with traditional nicotine has been dropped from the tax-and-social spending bill Senate Democrats are negotiating, according to Senate Finance Chairman Ron Wyden.
The vape tax, part of the House-passed reconciliation package, was projected by the nonpartisan Joint Committee on Taxation to raise roughly $8.6 billion over 10 years.
- Wyden (D-Ore.) told reporters Thursday that the proposal had been dropped from discussions, shortly after the Wall Street Journal reported it was out.
- A broader plan to also raise taxes on traditional nicotine products was abandoned by House ...