excise taxes

Taxes on goods

Excise taxes are taxes levied on specific goods or activities rather than on income or general sales.

They typically target products like alcohol, tobacco, gasoline, and firearms, or activities like gambling.

Excise taxes may be imposed to discourage consumption, fund related programs, or simply raise revenue: The excise tax on cigarettes went up again.

Opposites
tax base/what is taxed

excise taxesincome tax

Government charge on earnings

income taxes · personal income tax · direct taxes · direct taxation · property taxes

breadth of application

excise taxesvalue-added tax

Incremental consumption levy

VAT · retail sales tax · GST

fiscal policy stance

excise taxestax rebates

Returned excess payments

tax refunds · tax credits · subsidies · tax exemptions · tax deductions

Family

taxing, excise, taxes, taxation, taxpayer, taxable, untaxed, excised, taxpaying

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Top 200,000
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