Skip to content

Alcohol Taxes

All Related Articles

payroll tax cut, payroll taxes

Can States Close Budget Deficits with Excise Tax Hikes?

We examine whether excise taxes are a solution to budget deficits, and while the short answer to that question is no, there are of course nuances. Excise taxes can play a role in state revenues even as policymakers appreciate that excise taxes are not viable long-term revenue tools for general spending priorities.

21 min read