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

Adam Hoffer is the director of excise tax policy at the Tax Foundation.

From MarketWatch • Apr. 1, 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 university faces a projected $200 million annual cost from an 8% excise tax on its net investment income.

From Barron's • Oct. 16, 2025

In exchange, state regulators would be able to increase the excise tax after three years to make the change revenue neutral.

From Los Angeles Times • Aug. 24, 2025

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