23 Matching Results
Search Results
- Federal Excise Taxes on Tobacco Products: Rates and Revenues
- This report examines increases in excise tax rates on tobacco products contained in the Balanced Budget Act of 1997 (P.L. 105-33). Under that act, the increased rates on tobacco products became effective in two stages. The first scheduled increase in rates occurred on January 1, 2000, while the second increase in rates occurred two years later on January 1, 2002
- Federal Excise Taxes on Tobacco Products: Rates and Revenues
- No Description Available.
- The Federal Excise Tax on Telephone Service: A History
- No Description Available.
- The Federal Excise Tax on Gasoline and the Highway Trust Fund: A Short History
- Excise taxes have long been a part of our country's revenue history. In the field of gasoline taxation, the states led the way with Oregon enacting the first tax on motor fuels in 1919. By 1932, all states and the District of Columbia had followed suit with tax rates that ranged between two and seven cents per gallon. The federal government first imposed its excise tax on gasoline at a one cent per gallon rate in 1932. The gas tax was enacted to correct a federal budgetary imbalance.
- Wildlife Restoration Projects Fund
- Since 1937, a cooperative program between the federal and state governments has existed for wildlife restoration. This program provides federal grants-in-aid to state agencies for conservation through land and water management for wild birds and mammals. While up to 8% of the collected revenues from excise taxes dedicated to the program may be retained by the federal government for administration, all remaining funds are apportioned to the states and territories for use either in wildlife restoration or hunter safety and education programs. Wildlife restoration programs receive all funds generated from the excise tax on firearms other than pistols and revolvers and all funds collected from shells and cartridges. Additionally, one-half of the excise taxes collected from pistols, revolvers, and archery equipment goes for wildlife restoration purposes. Hunter safety and education programs are funded from the remaining half of excise taxes collected on pistols, revolvers, and archery equipment. The states have been authorized by law to use hunter safety and education funds for wildlife restoration projects.
- The Federal Excise Tax on Telephone Service: A History
- This report traces the history of the federal excise tax on telephone service from 1898.
- The Telephone Excise Tax: Revenues, Effects, and Repeal Proposals
- No Description Available.
- Telephone Excise Tax
- No Description Available.
- Gasoline Excise Tax - Historical Revenues: Fact Sheet
- This report provides a fact sheet about the Gasoline Excise Tax - Historical Revenues. The gas tax was regarded as a user tax where the federal government has imposed a gasoline excise tax with the passage of the revenue act in 1932.
- Improving Access to Long-Term Care Act of2002
- No Description Available.
- General Sales Tax Rates, Food Exemptions and Sales Tax Credits, with a Pro and Con Analysis and Selected References
- This report is about General Sales Tax Rates, Food Exemptions and Sales Tax Credits, with a Pro and Con Analysis and Selected References.
- Waterway User Charges: Background and analysis of alternatives
- This report is a background analysis of the waterway user charges
- Gasoline Excise Tax — Historical Revenues: Fact Sheet
- This report provides a fact sheet about the Gasoline Excise Tax - Historical Revenues. The gas tax was regarded as a user tax where the federal government has imposed a gasoline excise tax with the passage of the revenue act in 1932.
- Federal Excise Taxes Imposed on Alcohol Products
- No Description Available.
- Excise Taxes on Alcohol, Tobacco, and Gasoline: History and Inflation Adjusted Rates
- No Description Available.
- Gasoline Excise Tax – Historical Revenues: Fact Sheet
- This report provides a fact sheet about the Gasoline Excise Tax - Historical Revenues. The gas tax was regarded as a user tax where the federal government has imposed a gasoline excise tax with the passage of the revenue act in 1932.
- The Federal Excise Tax on Gasoline and the Highway Trust Fund: A Short History
- This report provides a short story of the federal excise tax on gasoline and the highway trust fund.
- Excise Taxes on Alcohol, Tobacco, and Gasoline: History and Inflation-Adjusted Rates
- This report provides inflation-adjusted excise tax rates for alcohol, tobacco, and gasoline products. The base for computation is November 1951. All of the above cited commodities had rate increases effective for that date under the Revenue Act of 1951. The adjustments show what the tax rates would be in 1999 if they had been increased to reflect inflation
- Excise Tax Financing of Federal Trust Funds
- Dedicated excise taxes finance only a small number of the many activities undertaken by the Federal Government. The fourteen trust funds and special funds currently financed by excise taxes can be grouped under four programmatic purposes: nature conservation and recreation, transportation, environmental cleanup, and health damage compensation. In close parallel, the products currently subject to taxation on behalf of trust and special funds can be classified under the categories of hunting and fishing equipment; cargo transport and air passenger transportation; motor fuels; and materials potentially hazardous to the environment or human health.
- Excise Taxes on Alcohol, Tobacco, and Gasoline: History and Inflation Adjusted Rates
- 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 the Korean War. Thus, the Revenue Act of 1951 was born out of revenue needs due to increased military expenditures.
- Charitable Contributions of Food Inventory: Proposals for Change
- Early in the 109th Congress, both S. 6, the Family and Community Protection Act of 2005, and S. 94, the Good Samaritan Hunger Relief Tax Incentive Act, have been introduced to encourage gifts of food by businesses for charitable purposes. While current law provides a deduction only to C corporations, these bills would expand the tax break to all business entities. The value of the existing deduction is the corporation’s basis in the donated product plus one half of the amount of appreciation, as long as that amount is less than twice the corporation’s basis in the product.
- 2001 Tax Cut: Description, Analysis, and Background
- A major tax cut, H.R. 1836, was enacted in June 2001, but contained sunsetted provisions. The House will consider, the week of April 15, making those tax provisions permanent. This report summarizes the provisions of the bill, analyzes effects, and considers the development of the legislation.
- 2001 Tax Cut: Description, Analysis, and Background
- A major tax cut, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA), was enacted in June 2001. This report summarizes the provisions of the bill, analyzes effects, and considers the development of the legislation.