federal excise tax on tobacco products Maps Report 2019-046

Report 2019 046 Tobacco Taxes: Federal Revenue Implications of Tax Rate Differences and Drawback Refunds U.S. GAO Washington state will implement a 95% excise tax on all tobacco and nicotine products in 2026, creating significant financial challenges for local vape shops and expected price hikes for consumers. Who bears the burden of federal excise taxes? Tax Policy Center The Federal Government says it will increase excise tax on tobacco products from 30 per cent ad valorem to 50 per cent as part of measures to control tobacco smoking in the country.

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