How Much is the Government Making Off of Tobacco?

Tax Tips

It’s no secret that the government taxes our spending– in fact, sales tax is one of the main ways that the government brings in money. But there are a number of other items that have their own additional taxes imposed, whether at the state or federal level. And, when it comes to cigarettes, the consumer pays both. Would it be right to call this a tax on one’s vice, or sin? While we don’t claim to be any moral authority, the figures and statistics are quite interesting.

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Comments (88) Leave your comment

  1. From a Financial Point of View, You smoke haters Can Not Afford for US Smokers to Quit and the overall system would break apart if it became illegal to grow, possess, or sell tobacco across the US. Why do you think it is still legal if the Fed and States don’t NEED the income?

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