the federal tax on a pack of cigarettes is 6.
the federal tax on a pack of cigarettes is 6.
how much federal tax is on a pack of cigarettes?
6
on february 4, 2009, the children's health insurance program reauthorization act of 2009 was signed into law, which raised the federal tax rate for cigarettes on april 1, 2009 from $0.39 per pack to $1.01 per pack. the increase was to help cover the cost of increased coverage under the state children's health insurance program (schip).
cigarette taxes in the united states
one of the most common excises in the united states is the cigarette tax imposed by both the federal and state governments. this tax is simply an excise tax applied to each pack of cigarettes. specifically, the federal government uniformly charges an excise tax of $1.01 for a standard pack of 20 cigarettes. on top of the federal tax, all 50 states levy a different cigarette tax that ranges from $0.17 per pack in missouri to $4.35 per pack in new york. overall, the excise taxes constitute most of the retail cost of cigarettes. cigarette taxes can be avoided in some jurisdictions if the consumer purchases loose tobacco and cigarette paper separately or by purchase of cigarettes from lower taxed states.
excise tax in the united states