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 ...
The complaint comes courtesy of 1_bad_scat (@1_bad_scat). The TikTok account is dedicated to the owner’s love for his pricey muscle car. It is estimated to start at over $50,000 per a Car and Driver ...
Democrat Chris Pappas celebrates winning the New Hampshire U.S. House District One Congressional race at an election party in Manchester, N.H. Tuesday, Nov. 6, 2018. (AP Photo/ Cheryl Senter) ...
LEOMINSTER — As was recently done in Fitchburg, Leominster is planning to enact a local option meals excise tax soon in order to help reduce the cost of the Fall Brook Elementary School project and is ...
On November 24, 2025, the US Department of the Treasury and the IRS issued final regulations on Section 4501, 1 which imposes a 1% excise tax on certain repurchases of stock of publicly traded ...