The revenue from excise tax in the United States amounted to 87.73billion U.S. dollars in 20212. The forecast predicts excise tax revenue will increase to around 107 billion dollars by 2033. 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. (May 25, 2023). Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 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. May 25, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/
US Congressional Budget Office. (2023). Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 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., 25 May 2023, 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 03, 2024)
Excise tax revenue and forecast in the United States from 2000 to 2033 (in billion U.S. dollars) [Graph], US Congressional Budget Office, May 25, 2023. [Online]. Available: https://www.statista.com/statistics/217517/revenues-from-excise-tax-and-forecast-in-the-us/