Michigan voters in 2018 approved a ballot proposal to legalize recreational marijuana and impose a 10% excise tax.

Aurora councilmembers shot down a proposal during a recent study session to get rid of the excise tax on marijuana cultivation. Officials said the city relies heavily on the nearly $700,000 in revenue ...

As part of the Inflation Reduction Act of 2022, there’s a new one percent excise tax on stock repurchases by certain corporations. The IRS has now issued proposed regulations related to the tax. A ...

Tax Rate: Like the House bill, the Senate proposal would make numerous changes to Code Section 4968, the “endowment tax” enacted in 2017. Instead of the existing flat 1.4% excise tax rate, there would ...

Beer taxes vary dramatically by state, with some charging more than $1 per gallon while others levy less than 10 cents.

Tucked away in the tax legislation making its way through Congress is an obscure provision that could lead to profound changes in civil society—and not for the better. The House Republicans’ bill ...

LOS ANGELES (KABC) -- Gas prices are at their lowest level in nearly seven years, but they could drop even more after a state board on Tuesday lowered taxes at the pump. The California State Board of ...

President Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4, 2025. The OBBBA will have broad and important consequences for many US taxpayers, including tax exempt organizations ...

A health expert on Tuesday urged lawmakers in Congress to reconsider proposals that seek to lower the excise tax rate for vapor products, warning that it would not benefit Filipinos. In a press ...