fbpx

Latest Posts

Home

Facebook

Twitter

Search
About

Even champagne excise taxes are high in Minnesota

It is common knowledge that Minnesota is a high tax state and one of the least tax-friendly states in the country. These high taxes go far beyond corporate, income, and property taxes; even champagne taxes are high in Minnesota.

According to the state Tax Foundation, Minnesota has the 3rd highest excise tax on champagne in the nation. The other two states with taxes higher than Minnesota are Florida and Kentucky.

As of 2019 customers in Minnesota pay an excise tax of $2.72 per gallon of champagne compared. Compared to 2015 Minnesotans paid  $1.82 per gallon of champagne. This presents close to a  50% rise in champagne excise tax between 2015 and 2019. Between 2015 and 2019 Minnesota has moved from 6th highest champagne tax to 3rd.

Minnesota furthermore ranks particularly high in taxes of other alcoholic beverages like wine, beer, and liquor.

Comments

Subscribe

Categories

Upcoming Events

  • What Mining Can Do for Minnesota

    Location: Online

    Thursday, December 3rd at noon CST via Zoom Minnesota has some of the largest undeveloped deposits of copper, nickel, cobalt, and titanium ores in the entire world. Responsibly developing these resources would be a massive boost to Minnesota’s economy. Join Center of the American Experiment for a discussion on mining in Minnesota. Experts Isaac and Debbie will present their research and show the potential economic benefits of developing these world-class resources and how it can be done in a way that also protects the environment. This event is online. Upon registration you will be sent a link to join the…

    Register Now