excise tax

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

Example Sentences

The Legislature also voted to claw back an increase to the cannabis excise tax, which took effect in July and raised the state tax rate paid by consumers to 19%.

From Los Angeles Times

In 2022, when the cannabis industry agreed to increase the excise tax, quarterly cannabis sales were at their peak.

From Los Angeles Times

Congress could increase the excise tax on vaccines, she said, or pass a law limiting what’s on the injury table.

From Salon

Experts say that, regardless of the excise tax reprieve and the included grandfather provisions, the clean energy industry will be badly hurt and consumers’ energy prices could rise by eight to 10 percent.

From Salon

"Legal tobacco products in the UK are subject to some of the highest excise taxes in the world," he says.

From BBC