Table 8, Revenue replacement payments to the States. Part IV: Federal financial relations. Table 28, Revenue replacement payments to the States and Territories. Table 28, Revenue replacement payments to the states and territories. Willis R. Australian Taxation Office. Taxation Statistics A summary of tax returns for the —04 income year and collections for the —05 financial year.
Canberra: ATO, Taxation Statistics a summary of income tax returns for the income year and other reported tax information for the financial year. Swan W and Wong P. Canberra: Treasury, International trade, customised report. Australian clearance data on tobacco products by quantity, by customs value, to ABS, Taxation Statistics A summary of income tax returns for the income year and other reported tax information for the financial year.
Mid-year economic and fiscal outlook Hockey J and Cormann M. Final Budget Outcome Morrison S and Cormann M. Frydenberg J and Cormann M. Frydenberg J and Birmigham S. Viewed: 27 May European Commission. European Commission taxation and customs union: tobacco products legislation. Brussels: EC, Twenty states and the District of Columbia levy a percentage of price tax on vaping products, ranging from 7 percent in Georgia to 95 percent in Minnesota.
Many of these states tax vaping products this way by adding them to their state's existing definition of other tobacco products. As a result, vaping products are taxed at the same rate as other tobacco products in these states. Fifteen states levy a per unit tax on vaping products. Most of these state taxes are based on the liquid that delivers nicotine to the smoker. These tax rates range from 5 cents per milliliter in six states to 40 cents per milliliter in Connecticut.
All of these states levy their per-cartridge tax on "closed" vaping products, which are products prefilled with liquid. For example, the company JUUL makes closed vaping products, which anti-vaping advocates argue targets young people. These states all then levy a separate percentage of price tax on "open" vaping products, where the liquid is filled by the user. Similarly, Maryland levies different percentage of price taxes on "open" and "closed" products, with a higher rate on the former to further discourage purchases.
Are States Betting on Sin? The blue line shows total cigarette tax revenue, and yellow lines show when a cigarette tax rate increase occurred. Hovering over a yellow line shows how the tax rate changed.
Across almost all states, tax rate hikes are met with a momentary bump in revenue, followed by a falloff in collections in future years. Clicking the inflation adjustment box shows how volatile this revenue is in real terms. There are several factors contributing to this trend. The first is that U. Since the s, the number of cigarettes sold has steadily declined. With fewer cigarettes sold, less cigarette tax revenue is collected.
The second reason is that in many states, when cigarette tax rates are increased sizably above neighboring states, consumers are more inclined to buy cigarettes elsewhere. Show detailed source information? Register for free Already a member? More information. Supplementary notes. Other statistics on the topic. Profit from additional features with an Employee Account. Please create an employee account to be able to mark statistics as favorites. Then you can access your favorite statistics via the star in the header.
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