New Mexico House Bill 547 would significantly increase taxes on e-cigarettes and marijuana vaping products. HB 547 would impose a 31% wholesale tax on vapor products and a tax equal to 25% of the product value on other tobacco products, such as cigars, smokeless tobacco, and nicotine pouches.
Research from the Cochrane Review, Yale University, and many others. shows that noncombustible nicotine products, like e-cigarettes, present significantly less danger to consumers and benefit public health if smokers switch from cigarettes. Because e-cigarettes are safer than cigarettes, several have been authorized for sale by the Food and Drug Administration as “appropriate for