How to Use excise tax in a Sentence

excise tax

noun

• Utah also passed an EV excise tax this year that will work out to about $3 for each full charge.
  — Kimberly Kindy, Washington Post, 16 Oct. 2023
• The excise tax on the buyout comes from law changes passed in December 2017.
  — Steve Berkowitz, USA TODAY, 26 May 2023
• Therefore, the tax is an income tax, not an excise tax.
  — Patrick Gleason, Forbes, 27 Mar. 2023
• Foundations only have to pay an excise tax of 1.39% on their gains.
  — Taylor Wilson, USA TODAY, 22 Feb. 2023
• In addition to that excise tax and a 1-cent oil inspection fee, the state charges a gasoline use tax.
  — Nerdwallet, The Mercury News, 27 June 2024
• Recreational sales would have been subjected to a 15% excise tax on top of the standard sales tax.
  — Sean Murphy, Anchorage Daily News, 8 Mar. 2023
• Its sales and excise tax burden ranks 37th, while the property tax burden is 23rd.
  — David Lightman, Sacramento Bee, 25 June 2024
• Alaska, whose state gasoline excise tax is 8 cents a gallon, is last.
  — David Lightman, Sacramento Bee, 21 June 2024
• There is no state that levies any sort of product-specific excise tax on tampons.
  — Parija Kavilanz, CNN, 11 Oct. 2023
• The excise tax on gasoline in California comes to 57.9 cents per gallon.
  — Rob Nikolewski, San Diego Union-Tribune, 29 Sep. 2023
• Unlike sales taxes, which rise when the price of the goods for sale goes up, an excise tax is a flat amount based on how much beer, wine or liquor the manufacturer produces.
  — Meg Wingerter, The Denver Post, 4 Jan. 2024
• But apart from a few isolated measures like an excise tax on stock buybacks that Biden wants to quadruple to 4 percent, Biden hasn’t pushed very hard in this area.
  — Timothy Noah, The New Republic, 10 July 2023
• The federal government charges an excise tax on guns, but California’s is the first such tax at the state level.
  — Laura J. Nelson, Los Angeles Times, 1 July 2024
• Starting this year, if an account owner fails to withdraw the full amount of the RMD by the due date, the amount not taken is subject to a 25 percent excise tax, down from the previous 50 percent.
  — Michelle Singletary, Washington Post, 29 Mar. 2023
• The president also wants to quadruple a new excise tax on corporate stock buybacks under the new plan.
  — Courtney Subramanian, Los Angeles Times, 9 Mar. 2023
• The sport fish restoration program obtains its money through a 10% excise tax on fishing rods, reels and lures as well as a motorboat fuel tax.
  — Paul A. Smith, Journal Sentinel, 12 Mar. 2023
• Drivers must also pay a federal excise tax of 18.4 cents per gallon.
  — Ashley Ahn, Los Angeles Times, 5 July 2024
• California will be the first U.S. state to charge an excise tax on guns and ammunition, starting in July.
  — Topher L. McDougal, The Mercury News, 28 May 2024
• Starting in July 2024, California will be the first state to charge an excise tax on guns and ammunition.
  — Topher L. McDougal, The Conversation, 20 May 2024
• At 1%, the excise tax is a consideration, but not a very large part of any decision on buybacks, according to Mr. Michels.
  — Jennifer Williams-Alvarez, WSJ, 2 Mar. 2023
• Analyzed were sales and excise tax, property tax and income tax.
  — By Andrew Powell | The Center Square Contributor, Washington Examiner, 2 Apr. 2023
• Colorado voters will decide on a measure that, if passed, would levy a 6.5% excise tax on the manufacture and sale of firearms and ammunition.
  — Ivan Pereira, ABC News, 12 Oct. 2024
• Stiff taxes on the electricity used by Bitcoin and other crypto miners appear dead as a new bill to raise the debt ceiling is missing the excise tax.
  — Bydavid Meyer, Fortune, 30 May 2023
• The state’s annual change in the gasoline excise tax comes as increasing numbers of people travel for the Fourth of July holiday.
  — Rob Nikolewski, San Diego Union-Tribune, 3 July 2023
• Some Ohio lawmakers had attempted post-election to increase the excise tax to 15%, but the legislation stalled.
  — Randy Tucker, The Enquirer, 6 Aug. 2024
• The cannabis sector carries among the harshest tax burdens once local and state taxes are levied: Dozens of states levy one type or another of excise tax on adult-use cannabis purchases.
  — Benjamin Adams, Forbes, 19 Sep. 2024
• Besides the rent bill, lawmakers are weighing a tax on real estate transactions over $3 million and an excise tax of up to 10 percent on short-term rentals like Airbnb units.
  — David W. Chen, New York Times, 23 Feb. 2024
• Supported by hunters dismayed at the loss of deer, ducks and turkeys, the 1937 act created an excise tax on guns and ammunition, and the funds went to states to create wildlife refuges where these animals could thrive.
  — The Editors, Scientific American, 17 Oct. 2023
• Conversely, Colorado has the third-lowest excise tax on beer and wine and the fourth-lowest on spirits, among states that levy those taxes, according to the Tax Policy Center.
  — Meg Wingerter, The Denver Post, 4 Jan. 2024
• Another argument is that the excise tax amounts to an excessive fine that is prohibited by the Eighth Amendment.
  — Rebecca Robbins, BostonGlobe.com, 23 July 2023

Last Updated: 13 Nov 2024