Post by george1861 on Sept 17, 2019 17:25:42 GMT -8
Some things most people aren't aware of .
480,000 Americans die from smoking each year
1 in 2 smokers will die from smoking
Ex FDA Commissioner Scott Gottlieb has stated that if every adult smoker switched to vaping it would be a DRAMATIC win for public health
Since the US Vapor market's inception in 2011
Cigarette sales have dropped by over 40%
Teen smoking has dropped down to just 6%
Vapor Industry has converted millions of smokers
Vapor Industry was built on the backs of over 20,000 small businesses
The Vapor industry in Idaho alone brings in, by best estimates, over 50 million dollars in revenue a year from around the world
The Vapor industry employs hundreds of people in Idaho
Vapor products have been proven at least 95% safer than smoking
The UK just opened their first set of Vape shops inside of hospitals to help smokers be educated in the benefits of switching
This is because of socialized healthcare in the UK.
The government is propelled by public health because it affects their bottom line.
In America smokers are a profit center
State's recieve not only sin taxes but also MSA payments from Big Tobacco for every pack of cigarettes sold
State's , sure no one could quit smoking, took loans against future MSA payments prior to vaping
With vapor's rise , more people have quit, and now these loans are in danger of default
.....because less people smoke
So they are attacking vaping with regulation and taxes and bans at state levels
Under current FDA requirements 99% of vapor manufacturers will be put out of business inside of 1 year
The Vapor industry encompasses nearly 150,000 jobs in america
The FDA classified Vapor as tobacco products in 2015
This means vapor is required to file PMTA ( Pre Market Tobacco Authorizations) for every product they make
The PMTA process is estimated to cost between 300,000-1,000,000 per sku
This means every flavor , every nicotine variety, must be individually Authorized
There is also no guarantee that PMTA's will be approved
So we are asking small businesses most with less than 100 employees, to pay outlandish compliance fees (millions) that were meant to prevent Big Tobacco from further harming public health with dangerous products . Just so they can continue helping smokers
So the FDA structure that was built to destroy Big Tobacco for their assaults on public health are now being used to price ALL of their competitors out of business
Check Altria's stock prices .
Vapor WAS killing Big Tobacco
Turns out that wasnt a good idea , State Government's are addicted to cigarette taxes and MSA payments
150,000 jobs
20,000 small businesses
Will be extinguished inside of 1 year in America without congressional intervention.
Imagine you spent nearly a decade building a company. Paying taxes. Creating jobs and PROVABLY IMPROVING PUBLIC HEALTH
just to have the FDA come in and shut your doors for the benefit of big tobacco .
THIS IS THE REALITY OF TENS OF THOUSANDS OF AMERICAN CITIZENS RIGHT NOW!
If this isn't an abuse of power by un-elected bureaucrats then nothing is .
I would ask any who believe in free markets to please reach out to their elected representatives and demand the FDA stop it's misguided war on vaping immediately.
Jim Jordan is the ranking member on the Oversight Committee
PS....1300 smokers will die today . You might love one. Help protect their right to quit
Thanks for reading
480,000 Americans die from smoking each year
1 in 2 smokers will die from smoking
Ex FDA Commissioner Scott Gottlieb has stated that if every adult smoker switched to vaping it would be a DRAMATIC win for public health
Since the US Vapor market's inception in 2011
Cigarette sales have dropped by over 40%
Teen smoking has dropped down to just 6%
Vapor Industry has converted millions of smokers
Vapor Industry was built on the backs of over 20,000 small businesses
The Vapor industry in Idaho alone brings in, by best estimates, over 50 million dollars in revenue a year from around the world
The Vapor industry employs hundreds of people in Idaho
Vapor products have been proven at least 95% safer than smoking
The UK just opened their first set of Vape shops inside of hospitals to help smokers be educated in the benefits of switching
This is because of socialized healthcare in the UK.
The government is propelled by public health because it affects their bottom line.
In America smokers are a profit center
State's recieve not only sin taxes but also MSA payments from Big Tobacco for every pack of cigarettes sold
State's , sure no one could quit smoking, took loans against future MSA payments prior to vaping
With vapor's rise , more people have quit, and now these loans are in danger of default
.....because less people smoke
So they are attacking vaping with regulation and taxes and bans at state levels
Under current FDA requirements 99% of vapor manufacturers will be put out of business inside of 1 year
The Vapor industry encompasses nearly 150,000 jobs in america
The FDA classified Vapor as tobacco products in 2015
This means vapor is required to file PMTA ( Pre Market Tobacco Authorizations) for every product they make
The PMTA process is estimated to cost between 300,000-1,000,000 per sku
This means every flavor , every nicotine variety, must be individually Authorized
There is also no guarantee that PMTA's will be approved
So we are asking small businesses most with less than 100 employees, to pay outlandish compliance fees (millions) that were meant to prevent Big Tobacco from further harming public health with dangerous products . Just so they can continue helping smokers
So the FDA structure that was built to destroy Big Tobacco for their assaults on public health are now being used to price ALL of their competitors out of business
Check Altria's stock prices .
Vapor WAS killing Big Tobacco
Turns out that wasnt a good idea , State Government's are addicted to cigarette taxes and MSA payments
150,000 jobs
20,000 small businesses
Will be extinguished inside of 1 year in America without congressional intervention.
Imagine you spent nearly a decade building a company. Paying taxes. Creating jobs and PROVABLY IMPROVING PUBLIC HEALTH
just to have the FDA come in and shut your doors for the benefit of big tobacco .
THIS IS THE REALITY OF TENS OF THOUSANDS OF AMERICAN CITIZENS RIGHT NOW!
If this isn't an abuse of power by un-elected bureaucrats then nothing is .
I would ask any who believe in free markets to please reach out to their elected representatives and demand the FDA stop it's misguided war on vaping immediately.
Jim Jordan is the ranking member on the Oversight Committee
PS....1300 smokers will die today . You might love one. Help protect their right to quit
Thanks for reading
