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

Drivers like him were already facing a slew of issues - including excise tax and a suspended fare hike - but the recent soaring prices now mean some of his colleagues make nothing.

From BBC

And Zaslav could receive as much as $335 million more in tax reimbursements to cover excise taxes applied to “golden parachute” payments — which would amount to a total deal payout for him of $886 million.

From MarketWatch

Some $335 million would only kick in if the other payments trigger a 20% federal excise tax on “golden parachute” severance payments he receives.

From The Wall Street Journal

No country has fully tested what the Becker-Murphy-Grossman model actually prescribes—legalization with an excise tax.

From The Wall Street Journal

The legal market is built vertically: licenses, excise taxes, inspections and checkpoints.

From The Wall Street Journal