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Dec 18, 2024

How do excise taxes on motor vehicles, alcohol, and tobacco contribute to Massachusetts’ state revenue?

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Excise taxes on motor vehicles, alcohol, and tobacco are significant revenue sources for Massachusetts, funding essential state services like infrastructure, public health, and safety programs. The motor vehicle excise tax, based on vehicle value, generates substantial funds for road maintenance and development. Alcoholic beverages and tobacco taxes provide consistent revenue streams that support public health initiatives and state budgets, ensuring steady income without broadly increasing general sales taxes.

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?

Ready to automate your sales tax?