Reply To: Trump’s 25% tariff on single malt Scotch

Akuperma
The state legislature looks at the target amount of revenue to be raised when setting rates.
A pack of cigarettes is about &10 so $1 in additional sin tax raises X dollars in taxes. Connecticut lawyers bill an average rate of $275 per hour so a lower percentage tax brings in the target revenue. In my case I bill about twice that rate for office work and triple for trial work. So my monthly tax remittances will be far above the state average until I retire in the not too distant future.