WA lawmakers light up plan for cigarette tax hike

Amidst a projected $6 billion budget shortfall, Washington lawmakers are weighing a tax increase on tobacco products that could yield $23. 1 million for the general fund. The legislation, presented during a House Finance Committee meeting, aims to address the healthcare and societal costs linked to smoking and vaping. Rep. Kristine Reeves, who sponsors the bill, shared her personal history with the consequences of tobacco use, including her mother's struggle with addiction and subsequent death from lung cancer.

Students from Lake Washington High School also voiced their support, emphasizing the need for action to protect their peers from nicotine addiction. Conversely, representatives from the Association of Washington Business and other industry groups opposed the tax increase, arguing it would harm small businesses and drive customers to make purchases in neighboring states. As the state grapples with its budget, lawmakers are considering a variety of options, including a potential wealth tax and payroll taxes on high-earning companies. Despite the potential revenue from the tobacco tax, it is among the smallest proposals currently being discussed, with a minimal increase of 30 cents on a pack of 20 cigarettes. The outcome of this legislation could have significant implications for public health and the local economy.