H.R. 1798, titled the “End Tobacco Loopholes Act,” aims to amend the Internal Revenue Code to create equal tax rates for all tobacco products, including cigarettes, cigars, and smokeless tobacco. It seeks to increase taxation on these products and introduces new excise taxes...
Simple Explanation
H.R. 1798 is a bill that wants to make sure all kinds of tobacco, like cigarettes and cigars, are taxed the same, and it also wants to add a new tax on the stuff used in vaping.