Table 4 Quarterly Tax Revenues, Compensating Variation (CV), and Excess Burden of a 5% Sales Tax on Outdoor Recreation Equipment
Average Tax Payment per HouseholdAverage CVExcess Burden per US$ of Tax RevenueTotal Tax Revenue
$3.12$3.24$0.04$389 million
  • Note: Average quarterly expenditures on outdoor recreation equipment fall from $78.11 without the tax (in inflation-adjusted 2016 dollars) to an estimated $62.45 with the tax.