An excise tax is a special tax levied on specific products sold within a country. To excise something can also mean to get rid of it. Say, wouldn't it be nice if they would excise the excise taxes?
In inland duty or impost operating as an indirect tax on the consumer, levied upon certain specified articles, as, tobacco, ale, spirits, etc., grown or manufactured in the country. It is also levied to pursue certain trades and deal in certain commodities. Certain direct taxes (as, in England, those on carriages, servants, plate, armorial bearings, etc.), are included in the excise. Often used adjectively;
Noun
a tax that is measured by the amount of business done (not on property or income from real estate)
Verb
remove by cutting; "The surgeon excised the tumor"
Verb
remove by erasing or crossing out; "Please strike this remark from the record"
Verb
levy an excise tax on
n.
In inland duty or impost operating as an indirect tax on
the consumer, levied upon certain specified articles, as, tobacco, ale,
spirits, etc., grown or manufactured in the country. It is also levied
to pursue certain trades and deal in certain commodities. Certain
direct taxes (as, in England, those on carriages, servants, plate,
armorial bearings, etc.), are included in the excise. Often used
adjectively; as, excise duties; excise law; excise system.
n.
That department or bureau of the public service charged
with the collection of the excise taxes.
v. t.
To lay or impose an excise upon.
v. t.
To impose upon; to overcharge.
v. t.
To cut out or off; to separate and remove; as, to excise
a tumor.
Excise
The English excise system corresponds to the internal revenue system in the United States.
An excise . . . is a fixed, absolute, and direct charge laid on merchandise, products, or commodities.2.
Excise
Excise
In inland duty or impost operating as an indirect tax on the consumer, levied upon certain specified articles, as, tobacco, ale, spirits, etc., grown or manufactured in the country. It is also levied to pursue certain trades and deal in certain commodities. Certain direct taxes (as, in England, those on carriages, servants, plate, armorial bearings, etc.), are included in the excise. Often used adjectively;
To lay or impose an excise upon.
To cut out or off; to separate and remove;
Usage Examples
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