Ministers consider new vaping tax at Budget

Ministers are reportedly considering introducing a new vaping tax in the upcoming Budget. The tax would be aimed at reducing the popularity of vaping among young people and raising revenue for the government.

According to sources, the tax could be as much as 20% of the retail price of vaping products. This would likely lead to an increase in the cost of vaping, making it less affordable for young people who are often attracted to the trend.

Proponents of the tax argue that it is necessary to discourage young people from taking up vaping, as it can be harmful to their health. They also believe that the revenue generated from the tax could be used to fund public health initiatives aimed at reducing smoking rates.

However, opponents of the tax argue that it unfairly targets those who are using vaping as a way to quit smoking. They also raise concerns about the potential impact on businesses that sell vaping products.

It remains to be seen whether the new vaping tax will be included in the Budget, but it is clear that the issue has sparked a lively debate among Ministers and the public alike.