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What does excise tax mean?

Definitions for excise tax
ex·cise tax

This dictionary definitions page includes all the possible meanings, example usage and translations of the word excise tax.

Princeton's WordNet

  1. excise, excise taxnoun

    a tax that is measured by the amount of business done (not on property or income from real estate)

Wiktionary

  1. excise taxnoun

    Any of various taxes levied on the production or sale of certain goods, especially on luxuries, tobacco, alcohol etc.

ChatGPT

  1. excise tax

    An excise tax is a tax charged by a government on the production, sale, or consumption of certain goods and services within a country. This type of tax is usually included in the price of the product, such as alcohol, tobacco, fuel, and airfare. Excise taxes are often used to discourage the purchase of certain items, prevent harmful behavior, or to raise revenue.

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Numerology

  1. Chaldean Numerology

    The numerical value of excise tax in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of excise tax in Pythagorean Numerology is: 2

Examples of excise tax in a Sentence

  1. Leslie Henderson:

    This only hits brewers. We pay all the taxes that other small businesses pay, and then on top of that, we paid this excise tax.

  2. Bobby Scott of Virginia:

    The existing black lung excise tax rate on coal companies is imperative to the long-term solvency of the trust fund.

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References

Translations for excise tax

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"excise tax." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/excise+tax>.

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