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Excise taxes are commonly levied on cigarettes, alcoholic beverages, soda, gasoline, insurance premiums, amusement activities, and betting, and typically make up a relatively small and volatile portion of state and local and, to a lesser extent, federal tax collections
However, withdrawal symptoms can persist for weeks or even months
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Most importantly, when we increase these taxes, they must be significant, like this proposed $2 increase, otherwise the industry can easily absorb these increases with coupons and discounts, and wont help people quit. However, Molly Pfaffenroth, who represented the Washington Food Industry Association, said the bill could have an outsized impact on small retailers
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