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

The tax reimbursement estimate for Zaslav, who lives in New York, was “calculated based on a 20.00% excise tax rate and an estimated effective tax rate of 54.126% ,” Warner said.

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

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 • Mar. 24, 2026

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

From The Wall Street Journal • Feb. 25, 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