How much money is made from cigarette taxes each year?

Answer 1

Between federal,state and local excise taxes plus Master Settlement Agreement payments ( which is really just another tax ) the number is between 40-50 billion dollars annually. There are also billions of dollars in state and local sales tax at time of purchase by consumer.

Answer 2

# Federal excise taxes - $7,307,440,000

# State and local excise taxes - $15,087,691,000

# State cigarette sales taxes - $4,764,730,000

# Tobacco settlement payments - $7,200,000,000

Answer 3

See this article fro a discussion and page 3 for current and historical collection amounts. tobaccofreekids.org/research/factsheets/pdf/0092.pdf

Answer 4

In 2009, the American Government collected over $8.5 Billion in cigarette taxes.

Answer 5

how much does the gov. make by selling cigarettes?

Answer 6

just under half a trillion a year

Answer 7

over 6 million each year

Answer 8

a lot