How much tax revenue is generated from cigarettes?

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Shemar McGlynn asked a question: How much tax revenue is generated from cigarettes?
Asked By: Shemar McGlynn
Date created: Wed, Dec 22, 2021 10:49 AM
Date updated: Thu, Aug 11, 2022 4:17 AM

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In 2020, revenues from tobacco tax in the United States amounted to 12.35 billion U.S. dollars. The forecast predicts a decrease in tobacco tax revenues down to 11.04 billion U.S. dollars in 2026. Total U.S. government revenue in 2020 was 3.42 trillion U.S. dollars.

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