excise tax

noun

: a tax on certain things that are made, sold, or used within a country : excise

Examples of excise tax in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Each month that the gas usage tax is suspended the state loses out on around $50 million in revenue and each month that the gas excise tax is suspended the state doesn’t receive $90 million in revenue, Braun said. Alexandra Kukulka, Chicago Tribune, 3 June 2026 That includes the state excise tax, the federal gas tax, state and local sales taxes, a storage tank fee, and costs tied to California’s Low Carbon Fuel Standard and cap-and-trade program. Rosilicie Ochoa Bogh, Oc Register, 31 May 2026 By imposing a reasonable excise tax on the energy used by data centers, families could recoup some of the gains of AI, while America continues to stay competitive in the AI race. Sen. Elizabeth Warren, Time, 27 May 2026 Extensive fraud in sales transaction reporting likely means the state has lost out on millions of dollars in marijuana excise tax revenue while businesses that follow the law have paid more than their fair share, industry insiders claim. Christopher Osher, ProPublica, 15 May 2026 See All Example Sentences for excise tax

Browse Nearby Words

Cite this Entry

“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 17 Jun. 2026.

Legal Definition

excise tax

noun
: excise
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster