The reality is that tobacco taxes fund a lot of the government, and there is no replacement for that income source if people stop smoking cigarettes. Thus the tobacco companies are happy to lobby against e-cigarettes to protect their revenue stream and the government is happy to support them because it's their revenue stream too. It's unfortunate, because it's largely a tax on the poor. The rich can afford prescripti…
The tobacco companies are adept at adapting to the market. I would suspect they all either have e-cig products out or are in the process of doing so. As far as taxes, the US has one of the most progressive tax schemes in the world and income is not a major wealth point for many Americans (though it does beget a ton of jealousy) Not to go too far off track. The real tax on the poor isn't cigarettes, for the poor and s…
There are other measures like the $2 "tobacco" tax on ballot in California now that means you'll pay $3 for a coil worth $1. This was also likely lobbied by the tobacco companies.
Finally, realize that theres nothing expensive about making these eliquids. Somehow they pulled an arbitrary way of making it more expensive than any other way of leaving tobacco out of their ass.