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

See Examples For:

excise tax

There will also be higher rates of excise tax on certain goods.

From BBC ● Jul. 12, 2026

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

For starters, when an airline raises its base fares, it must pay more in a specific federal tax known as an excise tax.

From MarketWatch ● Apr. 10, 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

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