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90s Slang You Should Know

excise tax

excise tax in Culture
excise tax [(ek-seyez)]

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

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Examples from the Web for excise tax
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Historical Examples
  • The National Government has long derived its chief revenue from a tariff on imports and from an internal or excise tax.

  • excise tax is a tax levied on goods manufactured in this country.

    Citizenship Emma Guy Cromwell
  • We beat them out of a manufacturer's excise tax, but it cost us plenty in legal fees.

    Backlash Winston Marks
  • The money paid for license to sell spirituous liquors is an excise tax.

    The Government Class Book Andrew W. Young

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