Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...

More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

Proposition KK would levy a new 6.5 percent excise tax on gunsellers for all sales of ammunition, firearms and gun parts. The money would fund programs for crime victims and behavioral health support ...

California will be the first U.S. state to charge an excise tax on guns and ammunition, starting in July. The new tax — an 11% levy on each sale — will come on top of federal excise taxes of 10% or 11 ...

[Stay on top of transportation news: Get TTNews in your inbox.] Legislation designed to repeal a World War I-era tax on new heavy-duty trucks, tractors and trailers was recently introduced in the U.S.

LANSING, Mich. (WLNS) — A state Court of Claims judge on Monday denied requests from cannabis businesses and a trade group to immediately halt Michigan’s new 24% excise tax on marijuana, concluding ...