U.S. excise tax revenue and forecast 2000-2033
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.
