Tax Policy Center

excise taxes

: TaxVox

Beyer’s Steep Gun Tax Might Curb Some Very Lethal Weapons, But It Has Gaps

In response to two recent mass shootings, Representative Don Beyer (D-VA) introduced a bill that would impose a 1,000 percent excise tax on certain guns...
June 23, 2022Robert McClelland
Business Taxes: TaxVox

TPC Answers Two Questions About Its Analysis of the House Ways & Means Committee’s Tax Bill

After the Tax Policy Center published its new analysis of the House Ways & Means Committee’s budget reconciliation tax plan , commentators asked two questions:...
September 29, 2021Howard Gleckman
State and Local Issues: TaxVox

Michigan: Let’s Tax (Not Ban) Vape Products

Policymakers concerned about the growth of vaping activity could ban vaping products. Or they could try to use taxes to discourage the practice. There are advantages and disadvantages to each policy option. The issue is complicated, because an e-cigarette and its products can be used in many ways with sometimes-conflicting effects.
October 2, 2019Renu Zaretsky
: TaxVox

New Gun And Ammo Taxes Sound Like Promising Ways To Reduce Gun Violence. But There Are Problems.

The Gun Violence Prevention and Safe Communities Act of 2018 , introduced in Congress after February’s Parkland FL school shooting, would increase federal excise taxes...
May 24, 2018Robert McClelland
State and Local Issues: TaxVox

Six Reasons Why States Shouldn’t Be Counting Their Sports Betting Tax Revenue Yet

Will the Supreme Court’s decision allowing states to legalize sports betting be the tax revenue jackpot that some states hope for? Perhaps, but plenty of...
May 16, 2018Howard Gleckman
Individual Taxes: TaxVox

Understanding The Appeal Of Claims That “47 Percent” Pay No Income Tax

It might be the best-known statistic in tax policy: 47 percent of federal tax filing households pay no net federal income tax. After the Tax...
May 8, 2018Vanessa Williamson
State and Local Issues: TaxVox

Dude, Should Marijuana Be Legalized and Taxed?

Starting today, it is legal to smoke marijuana in Washington State . That got me thinking: Could taxing stoners help balance state budgets? The answer...
December 6, 2012Howard Gleckman