Nevada Governor Promises No Tax Hikes

Jan.16.2023
Nevada Governor Promises No Tax Hikes
Joe Lombardo becomes Nevada's 31st governor, promising no new taxes during his term, including the state's tobacco and e-cigarette taxes.

On January 3, 2023, Joe Lombardo defeated incumbent Steve Sisolak to become the 31st governor of Nevada. He was sworn in to office.


Joe Lombardo has promised not to increase taxes during his term. He stated, "During my campaign, I promised that I would not request new taxes or increase existing taxes...this is a commitment that I will uphold.


It is speculated that the tobacco tax and e-cigarette tax in Nevada will remain unchanged during Joe Lombardo's tenure, with the e-cigarette tax remaining at 30% wholesale tax.


Newly appointed governor of New York, Kathy Hochul, has announced her plans to implement some changes to tobacco policies. This includes a ban on the sale of all flavored tobacco products and an increase in the tax on combustible cigarettes from $4.35 to $5.35 per pack.


According to reports, Kathy Hochul has not taken a clear stance on the electronic cigarette tax. Currently, the state of New York imposes a 20% retail tax on electronic cigarettes.


References:


Governor of New York urges an embargo on flavored products state-wide.


The governor of Nevada has guaranteed that there will be no increase in taxes.


Exclusive: Compilation of Electronic Cigarette Tax Policies Across US States


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