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Until the early twentieth century, excise taxes made up a large proportion of the total federal taxes paid, but today they contribute only 2.9 percent of federal tax revenues.[2] The Internal Revenue Service defines an excise tax as a tax imposed on the sale of specific goods or services, or on certain uses. [3] By definition, these taxes are distinguished from broad-based consumption taxes by being selective in nature

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Vuses trajectory across the top 5 markets, which make up ~80% of industry revenue, shows mixed trends: BAT Vuse Key Market Performance With that said, growth has been accelerating as BAT continues to launch improved products: Vuse Go, BATs new disposable, is quickly growing and is close to becoming the #2 vaping product in the UK by retail value, just three months after launch