By Marti Maguire RALEIGH N.C. (Reuters) - North Carolina, the top U.S. tobacco-producing state, will levy a modest tax on increasingly popular electronic cigarettes as part of legislation adopted by state lawmakers and signed by the governor on Thursday. The tax was cleared by the state Senate and House in bipartisan votes earlier on Thursday. Several states have considered taxing them at a rate much higher than 5 cents, on a level that is similar to traditional cigarettes. Large tobacco companies including Reynolds American Inc, which is based in Winston-Salem, North Carolina, supported the 5-cent tax as they seek to replace the declining market for traditional cigarettes.
via Health News Headlines - Yahoo News http://ift.tt/1wuIJz6
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