The revenue from excise tax in the United States amounted to 76 billion U.S. dollars in 2023. The forecast predicts excise tax revenue will increase to around 98 billion dollars by 2034. An excise tax is a tax on specific goods or services paid at the time of purchase. They are usually paid by businesses, increasing prices for consumers indirectly.
Excise tax revenue and forecast in the United States from 2000 to 2033
(in billion U.S. dollars)
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US Congressional Budget Office. (April 10, 2024). Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/
US Congressional Budget Office. "Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/
US Congressional Budget Office. (2024). Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/
US Congressional Budget Office. "Excise Tax Revenue and Forecast in The United States from 2000 to 2033 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/
US Congressional Budget Office, Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/ (last visited November 21, 2024)
Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars) [Graph], US Congressional Budget Office, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/
