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Excise Taxes on Alcohol, Tobacco, and Gasoline: History and Inflation Adjusted Rates

Description: This report provides inflation adjusted excise tax rates for alcohol, tobacco, and gasoline products. The base for computation is November 1951; the adjustments show what the tax rates would be if they had been increased to reflect inflation. All of the above cited commodities had rate increases effective for that date under the Revenue Act of 1951. Just as the Congress was prepared to lower excise tax rates because of peacetime conditions, plans had to be revised as a result of the start of th… more
Date: March 7, 1997
Creator: Talley, Louis Alan & Cashell, Brian W.
Partner: UNT Libraries Government Documents Department
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