It is Tax Time Again, Save Money With E-Cigs
January 30th, 2012 | Posted by in Smokee Blog
So it is that time of year again where you start stressing out about Taxes in the United States. Did you pay too much, pay too little? Does the IRS think you paid too little? One thing that we can all agree on is that no one likes taxes or tax time (if only for the process). So stack up those W2s and head over to your friendly accountant or website to get that done.
Looking at your return you know exactly how much you paid the feds and the state. Well that is not the whole story. You still pay sales tax to your state and even more so if you smoke regular cigarettes. In my home state of New York ,the cigarette taxes are INSANE. At the bottom of this article there is a table by state of the taxes on conventional cigarettes.
As a little exercise, let me work out what a typical smoker would pay in cigarette taxes in a year in that great state of New York. This is most likely worse in New York City. I am goign to make some assumptions.
1 Pack a day, every day * 365 days * $4.35 = $1587.75
To that is $1587.75 in extra taxes just for the average tobacco cigarette smokers of New York.
Now if we take that another logical step, how about the price of the cigarettes in general? So in NYC cigarettes are $10/pack or $3,650 per year. Now compare that with a premium E-Cig kit at $100 and $50/month in cartridges that equals $820 your first year and $100 less every year thereafter. Buying your electronic cigarette online in many cases like Eversmoke, you are not charged any sales tax by the seller.
So now that you have seen the numbers, why not make 2012 the year that you save yourself some money on taxes, get off the tobacco cigarettes and maybe save yourself on medical bills down the road. Have a look at the reviews, discounts and rebates for the best electronic cigarettes at SmokeE.com. Be sure to leave a review if you already have one of our products or after you make the switch.
Tax Chart from: http://www.ncsl.org/issues-research/health/2010-state-cigarette-excise-taxes.aspx
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