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Americans will once again raise a glass on New Year's Eve to officiate the end of a year, though the gatherings may be different this year due to the COVID-19 pandemic.
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However, if you're toasting with champagne, it will come at a price. The bottles of bubbly come with an added tax, which differs per state, according to the Tax Foundation.
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While most states have the same tax rate for champagne and table wine, more than a dozen have alternating rates for sparkling wine, the foundation said.