Examples of excise tax in a Sentence
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As passed by the House in late May, the One Big Beautiful Bill (its Trumpian name) increased the current 1.4% excise tax on college endowments’ investment earnings to as high as 21% for the richest institutions—those with endowments worth more than $2 million a student.
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Emma Whitford, Forbes.com, 5 July 2025
The bill raises the city’s wheel tax limit from $80 to $240 and the excise tax limit from $50 to $150.
—Jordan Smith, IndyStar, 3 July 2025
July 1 marked the start of the new fiscal year and the state’s gasoline excise tax ticked up from 59.6 cents to 61.2 cents, an increase of 1.6 cents per gallon.
—Rob Nikolewski, Mercury News, 2 July 2025
The Senate bill containing President Trump's domestic policy agenda at the last minute eliminated a new excise tax that would have hammered the renewable energy industry, a move that likely ensured Republican Sen. Lisa Murkowski of Alaska would back the measure.
—Tracy J. Wholf
july 1, CBS News, 1 July 2025
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Emma Whitford, Forbes.com, 5 July 2025
The bill raises the city’s wheel tax limit from $80 to $240 and the excise tax limit from $50 to $150.
—Jordan Smith, IndyStar, 3 July 2025
July 1 marked the start of the new fiscal year and the state’s gasoline excise tax ticked up from 59.6 cents to 61.2 cents, an increase of 1.6 cents per gallon.
—Rob Nikolewski, Mercury News, 2 July 2025
The Senate bill containing President Trump's domestic policy agenda at the last minute eliminated a new excise tax that would have hammered the renewable energy industry, a move that likely ensured Republican Sen. Lisa Murkowski of Alaska would back the measure.
—Tracy J. Wholf
july 1, CBS News, 1 July 2025
See All Example Sentences for excise tax
Cite this Entry
“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 21 Jul. 2025.
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