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Vermont highest in nation for excise taxes

Vermont highest in nation for excise taxes

The Tax Foundation recently released a study of states and the per capita burden of excise taxes on their citizens. Vermont came in first (that's bad) with an average Vermonters paying $1,029 in state and local excise taxes per year. We blew away second place Nevada, which came in at $878 and last place Wyoming at just $285. The Tax Foundation explains, "excise taxes are collected on specific types of transactions, not a wide range of general goods. Some of the most common excise taxes include

The Tax Foundation recently released a study of states and the per capita burden of excise taxes on their citizens. Vermont came in first (that's bad) with an average Vermonters paying $1,029 in state and local excise taxes per year. We blew away second place Nevada, which came in at $878 and last place Wyoming at just $285. The Tax Foundation explains, "excise taxes are collected on specific types of transactions, not a wide range of general goods. Some of the most common excise taxes include…