Congressional Budget Office: 'Federal Excise Tax Revenues'
August 04, 2026
August 04, 2026
WASHINGTON, Aug. 4 (TNSLrpt) -- The Congressional Budget Office issued the following report entitled "Federal Excise Tax Revenues."
Here are excerpts:
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Federal excise taxes are imposed on the production or purchase of specific types of goods or services. In 2025, revenues from those taxes were $106 billion - which was about 2 percent of total federal revenues and 0.3 percent of gross domestic product (GDP). Most revenues from federal excise t . . .
Here are excerpts:
* * *
Federal excise taxes are imposed on the production or purchase of specific types of goods or services. In 2025, revenues from those taxes were $106 billion - which was about 2 percent of total federal revenues and 0.3 percent of gross domestic product (GDP). Most revenues from federal excise t . . .