Washington's 95% nicotine tax forces vape shops to prepare for major price increases
Washington state's new 95% tax on nicotine products will significantly increase prices for consumers and challenge vape shop owners.Summary
Washington state is set to implement a 95% excise tax on all tobacco and nicotine products, including vaping products, beginning in 2026. This expansion of Senate Bill 5814, originally intended for traditional tobacco, has caught many vape shop owners off guard. Michael Blanton, owner of Lilac City Vapor, estimates the tax will add significantly to the cost of inventory, potentially increasing prices by 46% for popular items like MNKE Bars. The tax is expected to generate over $32 million in revenue for the state and is supported by advocates who believe it will reduce addiction rates and healthcare costs. However, Blanton argues the tax constitutes double taxation and is unfairly targeting local businesses, and is actively lobbying to amend the legislation. Vape shops are already preparing for the changes by reducing floor stock.
(Source：Kxly)
