A new vape tax takes effect today, introduced as part of Budget 2026. The tax applies to the liquid used in all vape products, regardless of nicotine content. Disposable vapes will rise Proposed Federal Tax Incentivizes Cigarettes and Punishes Vapers Elf Bar and other Chinese e cigarette makers dodged U.S. customs and taxes Fortune The new Tobacco and Vapes Bill is taking big steps to tackle tobacco and vaping It aims to: Create a smoke free generation, phasing out the sale of tobacco products across the