How Much is the Government Making Off of Alcohol?

In the second installment in our series on “Sin Taxes,” we present a graphic which illustrates how much money individuals are being taxed to consume alcohol, and subsequently how much the Federal and State governments are generating in tax revenue. There is also a breakdown of how different types of alcohols are taxed in the various states, as well as international comparisons — to put thing in perspective. Some of the figures may be surprising. What do you think?

 

 

Embed the above image on your site using the code below:

<a href=”http://blog.turbotax.intuit.com/wp-content/uploads/2010/07/tt-alcohol-final.png”><img src=”http://blog.turbotax.intuit.com/wp-content/uploads/2010/07/tt-alcohol-final.png” alt=”ALCOHOL-TAX” title=”ALCOHOL-TAX” width=”630″ height=”1437″ class=”alignnone size-full wp-image-8428″ /></a><br /><a href=”http://www.turbotax.com/”>Free Tax Filing, Efile Taxes, Income Tax Returns</a> – TurboTax.com

5 responses to “How Much is the Government Making Off of Alcohol?”

1. 

   Genuinely when someone doesn’t be aware of afterward its up to other users that they will assist, so
   here it happens.

   Reply
2. 

   And they want to have a 21 year old legal drinking age just so they don’t get 90 million$ a year for road improvements?(10% penalty for states with lower drinking age)

   Reply
3. 

   Good job, nicely done. And we have a deficit?

   Reply
   • 

     Hi Tim,
     Thank you glad you like it. Check back for more interesting topics.
     Thank you,
     Lisa Greene-Lewis

     Reply
4. 

   It’s interesting that we drink more here in the UK. And by the way our government takes far more from us in tax than yourselves. More than is reasonable.

   Nathan C, UK

   Reply