Virtual Panel Discussion: Can Higher Tobacco Taxes Help Pay for Reconciliation?
To partially fund President Biden’s Build Back Better agenda, House Democrats have put forward plans to raise taxes on all tobacco products as appropriate for the protection of public health, including recently the first e-cigarette. The Tobacco Tax Equity Act would double the federal excise tax on cigarettes and attempt to tax all tobacco products equally.
The Food and Drug Administration has authorized several tobacco products as “appropriate for the protection of public health,” including recently the first e-cigarette. The plan has raised questions as to whether it will break Biden’s promise not to raise taxes on low-and-middle-income Americans, how it will affect the FDA’s strategy to reduce smoking, what will happen to state tobacco tax revenues, and whether it will increase the criminal tobacco market.
Please join this Reason Foundation panel discussion of economists and law enforcement experts to hear the answers to these questions and more.
- Guy Bentley, Director of Consumer Freedom Research, Reason Foundation
- James E. Prieger, Professor of Economics and Public Policy, Pepperdine University
Major Neill Franklin, Former Executive Director, Law Enforcement Action Partnership
Ulrik Boesen, Senior Policy Analyst, Tax Foundation
Tuesday, Oct 26
12:00 pm to 1:00 pm ET
RSVP directly through Zoom here.
This webinar is open to the public and a moderated audience Q&A session is planned. You do not need a webcam or microphone to participate.
Questions? For more information, please contact Guy Bentley at email@example.com.