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excise |
Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia | 0.04 sec. |
exciseTaxes imposed on goods, usually considered luxury items or those items quickly consumed. The taxes are paid prior to sale, the cost being passed on to the consumer. Among the most common excise taxes in the US are those on cigarettes, gasoline, and alcohol. |
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| The genius of the people will ill brook the inquisitive and peremptory spirit of excise laws. To be sure, every man values his livelihood first; that must be granted; and I warrant, if you would confess the truth, you are more afraid of losing your place than anything else; but never fear, friend, there will be an excise under another government as well as under this. He had scarcely been a week at Leghorn before the hold of his vessel was filled with printed muslins, contraband cottons, English powder, and tobacco on which the excise had forgotten to put its mark. |
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excise
