Examples of excise tax in a Sentence
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Local governments also levy an excise tax on cannabis.
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Benjamin Adams, Forbes, 19 Sep. 2024
If the excise tax is passed on by vendors to their customers, analysts said, the bill would generate additional sales and use tax revenue of up to $14 million for state and local governments.
—Laura J. Nelson, Los Angeles Times, 1 July 2024
Adult-use cannabis sales would be subject to an 8% sales tax and an excise tax of 5%, with 30% of tax revenue generated by cannabis sales dedicated to a Cannabis Regulation Fund.
—A.j. Herrington, Forbes, 16 Sep. 2024
Its sales and excise tax burden ranks 37th, while the property tax burden is 23rd.
—David Lightman, Sacramento Bee, 25 June 2024
See all Example Sentences for excise tax 
Benjamin Adams, Forbes, 19 Sep. 2024
If the excise tax is passed on by vendors to their customers, analysts said, the bill would generate additional sales and use tax revenue of up to $14 million for state and local governments.
—Laura J. Nelson, Los Angeles Times, 1 July 2024
Adult-use cannabis sales would be subject to an 8% sales tax and an excise tax of 5%, with 30% of tax revenue generated by cannabis sales dedicated to a Cannabis Regulation Fund.
—A.j. Herrington, Forbes, 16 Sep. 2024
Its sales and excise tax burden ranks 37th, while the property tax burden is 23rd.
—David Lightman, Sacramento Bee, 25 June 2024
See all Example Sentences for excise tax
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'excise tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 2 Oct. 2024.
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