excise tax

Cultural  

1. A tax, similar to a sales tax, imposed on some goods, especially luxuries and cars.

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Example Sentences

They did that because they don’t face the same excise tax on those fees that they do on fares.

From Slate • May 12, 2026

“We hold that the ban is a necessary and proper means of collecting the federal excise tax on distilled spirits,” Judge Kethledge continues.

From The Wall Street Journal • Apr. 27, 2026

According to ISS, another eyebrow-raising element was that the vast majority of Zaslav’s estimated compensation — over 94% — was being derived by the automatic acceleration of stock vesting and the excise tax gross-up payment.

From Los Angeles Times • Apr. 9, 2026

Adam Hoffer is the director of excise tax policy at the Tax Foundation.

From MarketWatch • Apr. 1, 2026

The catalyst for the change was the Whiskey Rebellion, a popular insurgency in four counties of western Pennsylvania protesting an excise tax on whiskey.

From "Founding Brothers: The Revolutionary Generation" by Joseph J. Ellis