A man pours champange. (LOIC VENANCE/AFP/Getty Images)
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Drinking Champagne to Celebrate the New Year? Here’s How Much Your State Will Tax It.
December 31, 2015
How much will your state tax your champagne?
As Americans ring in the New Year, the Tax Foundation has released a new map showing how much each state taxes the holiday’s celebratory drink.
The Tax Foundation, a nonpartisan, nonprofit research organization that examines tax policy at the federal, state and local levels, used data from the Wine Institute to calculate the tax per-gallon on sparkling wine.
How much will your state tax your champagne?
Image source: The Tax Foundation
Florida has highest tax rate at $3.50 per gallon, followed by Alaska at $2.50 per gallon, Hawaii at $2.12 per gallon and Oklahoma at $2.08 per gallon.
Wisconsin has the lowest tax rate at $0.25 per gallon, followed by Wyoming at $0.28 per gallon. California, Kansas, and New York tie for third-lowest at $0.30 per gallon.
The Tax Foundation concludes: “Don’t let the additional taxes on the last moments of 2015 spoil your evening, though. Eat, drink (responsibly), be merry, and have a happy New Year!”
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