Excise taxes, which are applied to items as diverse as alcohol, medical devices, gasoline, and indoor tanning, are an important tool in federal policymakers’ toolkit.
Designed as a narrow tax on consumption, generally to remediate an externality or to approximate a user fee, excise taxes are often looked to as a way for policymakers’ to pay for desired spending programs or tax changes.
Our panelists discussed:
- The best way to levy federal excise taxes
- Recent and anticipated changes in the excise tax landscape
- Excise tax reforms policymakers should consider
Daniel Bunn, Director of Global Projects at the Tax Foundation, moderated the panel, which included:
- Nicole Kaeding, Vice President of Federal Projects, Tax Foundation
- Brandon Arnold, Executive Vice President, National Taxpayers Union
- Donald Marron, Institute Fellow, Tax Policy Center