Posts tagged 'Maryland'
This is a reblog from author Guy Bentley. Original article: http://bit.ly/1RqX8HW
A county’s experiment in e-cigarette taxes has resulted in a massive failure, with the amount of money the Council expected to raise falling short by 75-85 percent.
Maryland’s Montgomery Council passed 30 percent tax on the wholesale price of e-cigarettes in May 2015. “I’m very proud that Montgomery County is in the forefront of national policy in this area,” said the bill’s chief sponsor and council member Tom Hucker (D-East County). The Council expected to collect a cool $1.5 million to $2.5 million per year...