What percentage of the cost of a pack of cigarettes are taxes?

Name: What percentage of the cost of a pack of cigarettes are taxes?
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Question

Quizplus · Accepted Answer

According to the Tax Foundation, in 2021, the average state excise tax for a pack of cigarettes is $2.11, and the average state sales tax is $0.49. This adds up to a total average state tax of $2.60 per pack, which is about 56% of the average retail price of a pack of cigarettes. Therefore, the correct answer is B, 56.

What Percentage of the Cost of a Pack of Cigarettes