Tax - Excise

: They are used to raise revenue for specific public projects (e.g., highway funds from fuel tax) or to discourage behaviors deemed socially harmful (often called "sin taxes"). Common Taxed Items

: Unlike general sales tax, excise tax applies only to specific categories like fuel, tobacco, or luxury goods. excise tax

The amount owed is generally calculated using one of two methods: : They are used to raise revenue for

Excise taxes are applied at federal, state, and local levels to a wide variety of items: spirits) and tobacco products (cigarettes

: Alcohol (beer, wine, spirits) and tobacco products (cigarettes, vaping).