I was bored this evening so I sat down with my calculator and estimated the amount of tax revenue New Mexico lost in the last year since I switched to vaping.
NM did not receive the $938.05 in taxes from me for my former 2 pack a day habit. The Feds did not receive their $737.30 from me either.
Next year, the total would have been $1,211.80 for the state had I continued to smoke.
Not only did I ditch a crappy habit, I reduced my tax burden by $1,675.35.
NM did not receive the $938.05 in taxes from me for my former 2 pack a day habit. The Feds did not receive their $737.30 from me either.
Next year, the total would have been $1,211.80 for the state had I continued to smoke.
Not only did I ditch a crappy habit, I reduced my tax burden by $1,675.35.
