NOUN
- a tax that is measured by the amount of business done (not on property or income from real estate)
How To Use excise tax In A Sentence
- Given that rich people consume a smaller portion of their income, they’ll end up paying a smaller percentage of their income in excise taxes. Matthew Yglesias » Somewhat Popular Deficit Reduction
- The 6% excise tax may also apply to ineligible rollovers unless they are corrected in a timely manner.
- I think that if the government acquires your loan in a bailout and "forgives" part of the debt, there should be an excise tax on any gain made in the future by the home owner. Bush speaks.
- The government restructured the tax base to place greater emphasis on indirect taxes (duties, tariffs, excise taxes, and state-owned monopolies over sales of salt and tobacco) rather than on the peasant-based taille.
- Two years later, under Reitern, the decision was taken to replace the vodka farm with an excise tax.
- Unlike the excise tax, the wedge becomes increasingly larger as the price increases. Microeconomics: Price Theory in Practice
- To add to its woes, last month Russia raised excise tax on beer and there is a risk that kiosk beer sales may be banned. Times, Sunday Times
- Excise taxes, the levy on whiskey, brandy, gin, and vodka will be standardized at $15 per liter, while rum and tafia will attract an excise tax of $10 per liter.
- But the concept is the same as the excise tax – make people feel the cost of spending MORE on health insurance, and by extension, health care. Matthew Yglesias » Saving Money vs Spending Less Money
- Cook also argued that a per-gallon excise tax would mean that cheap liquor and expensive spirits are taxed equivalently, thus shifting the liquor tax burden onto less affluent residents who buy inexpensive booze. Beer and wine wholesaler analysis shows spirits excise tax hike under McDonnell ABC plan