And so it begins. California kills vaping

[tppp]

@tppp yep tobacco are a big anti vape market in some respects but compared to big pharma... most big tobacco companies in the US could spin it and make money either way...

No I meant that if vaping continues then the gov't loses out because big tobacco will have to pay them less money as part of the TMS.

Gov't are the biggest losers with vaping, they're losing billions in tax revenue - far bigger losses than pharma/tobacco, that's why such strict laws are coming in.

 

[nikki from mars]

@tppp yep i get that... will possibly happen here if tobacco revenue falls enough...

 

[NINman]

Governor Jerry Brown i thought that name rung a bell.

 

[fyslexic ducker]

Cleverer lawyers will point out that you don't use an atomiser and cotton to brew coffee.

looks at the element and the coffee filter and ponders the similarities
But your right california is heavily reliant on the tobacco tax
Bad news

 

[Ment]

@tppp yep i get that... will possibly happen here if tobacco revenue falls enough...

Our government knows that savings on the NHS will outweigh revenue losses in the long term. The only issue is that losses are happening now but the savings won't show for a few years, but we are stable enough financially to absorb this.

 

[nikki from mars]

@Ment actually the revenue from tobacco sales is higher than the costs to the NHS from smokers poor health... and yes our government is aware of that little fact

 

[tppp]

Our government knows that savings on the NHS will outweigh revenue losses in the long term. The only issue is that losses are happening now but the savings won't show for a few years, but we are stable enough financially to absorb this.

No chance. Tobacco tax revenue is around £12b per year for UK gov't. Meanwhile NHS costs from tobacco related disease is £2b.

Expand that across the EU, lots of countries making a lot of tax profit from smokers.

 

[Ment]

No chance. Tobacco tax revenue is around £12b per year for UK gov't. Meanwhile NHS costs from tobacco related disease is £2b.

Expand that across the EU, lots of countries making a lot of tax profit from smokers.

It's more than £2b, but it's a lot more complicated anyway. As new and expensive treatments become available, the cost of treating smokers will rise.

Of course, this isn't an issue for countries without state medical services - California's tobacco income is almost all profit as they spend relatively little on medical services, so they have no incentive to allow vaping.

 

[tppp]

It's more than £2b, but it's a lot more complicated anyway. As new and expensive treatments become available, the cost of treating smokers will rise.

Have you got a source for that? I'm quoting figures from Ash: http://ash.org.uk/information/facts-and-stats/fact-sheets

California's tobacco income is almost all profit as they spend relatively little on medical services, so they have no incentive to allow vaping.

It's more about the tobacco master settlement in Cali. If too many people quit smoking then big t will be able to reduce TMS payments and that'll bankrupt the state almost overnight (they sold gov't backed bonds based on TMS payments never changing).

 

[mannikon]

NHS cost from smoking is only quantified for up to 2014.
BMA reckons 2.7 billion PLUS another 2.5 billion per year in loss of working days etc.
Inflation could bring those figures up to 12 billion.
Estimates for the last year or two vary wildly.