Durbin, Wyden, Krishnamoorthi, Colleagues Introduce Bicameral Bill To Reduce Tobacco Use In America
WASHINGTON — U.S Senate Majority Whip Dick Durbin (D-IL) and Senate Finance Committee Chair Ron Wyden (D-OR), along with U.S. Representative Raja Krishnamoorthi (D-IL-08), today introduced the bicameral Tobacco Tax Equity Act of 2023. The bill would close tax code loopholes for tobacco products by establishing a new federal tax on e-cigarettes, updating the federal cigarette tax rate to restore its public health impact, and harmonizing the tax rate across tobacco products to address gamesmanship by manufacturers. Establishing tax parity will generate significant federal revenue, reduce health care spending, and address one of the greatest public health challenges by lowering tobacco use, especially among youth. According to public health experts, increasing the price of tobacco products is the single most effective way to reduce tobacco use, particularly among children. “We have made historic progress over the years to reduce the suffering from tobacco use. Our most
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