![The Impact of High Inflation on Tax Revenues across Europe](https://taxfoundation.org/wp-content/uploads/2024/06/AdobeStock_522977445-300x200.jpeg)
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![2021 filing season coronavirus relief legislation Earned Income Tax Credit reforms, EITC reforms, EITC reform, Earned Income Tax Credit Reform, improper payments, improper payments, taxpayer advocate](https://taxfoundation.org/wp-content/uploads/2019/07/tax-filing-individual-income-300x200.jpeg)
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![The Capital Gains Tax is a Double Tax](https://taxfoundation.org/wp-content/uploads/2020/07/Tax-Basics-The-Capital-Gains-Tax-is-a-Double-Tax-300x228.png)
![Corporate tax cuts effects and corporate tax cuts impact on economy versus short term stimulus](https://taxfoundation.org/wp-content/uploads/2022/07/calculator-model-computer-3-e1658852837692-300x200.jpeg)
![October is Economic Education Month](https://taxfoundation.org/wp-content/uploads/2023/10/taxedu-education-v-01-300x193.png)
Economic Education Month and TaxEDU
Its economic education month and understanding how taxes affect the economy is important. We pull back the curtain to discuss why the Tax Foundation launched its tax literacy initiative, TaxEDU.
![Carbon tax, carbon tax bills, carbon emissions, fossil fuels, climate change](https://taxfoundation.org/wp-content/uploads/2019/08/carbon-tax-3-300x200.png)
![Estate tax, federal estate tax State estate tax, State inheritance tax, Does your state have an estate tax or inheritance tax? Explore 2023 state estate taxes and 2023 state inheritance taxes](https://taxfoundation.org/wp-content/uploads/2023/10/2023-State-Estate-Tax-Rates-and-State-Inheritance-Tax-Rates-300x250.png)
![excise tax definition suspending the gas tax proposal Kentucky's gas tax road funding, Kentucky gas tax bill](https://taxfoundation.org/wp-content/uploads/2020/03/linkedin-In-Stream_Wide___gas-station-300x158.jpg)
![Global excise tax trends and global excise tax applications data and research on excise taxes](https://taxfoundation.org/wp-content/uploads/2023/04/global-excise-tax-trends-and-global-excise-tax-applications-300x195.jpg)
Exploring Excise Tax Trends
The tax base around the world is shrinking for traditional excise taxes, including taxes on tobacco, alcohol, and motor fuel. But newer excise taxes on things like carbon, cannabis, and ride-sharing are on the rise. What makes a good design for these taxes and where may excise taxes go in the future as the traditional “sin tax” base continues to shrink?