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LSDefine

Simple English definitions for legal terms

excise tax

Read a random definition: Department of Social Services

A quick definition of excise tax:

Excise Tax: A special tax on certain things like tobacco, fuel, and alcohol. It can be paid by the manufacturer, seller, or buyer depending on the tax. Some examples are taxes on gasoline for roads, taxes on cigarettes, and taxes on alcohol.

A more thorough explanation:

Excise Tax is a type of tax that is imposed on specific items that belong to a particular class of goods. These classes of goods are often luxury or specialty items, such as tobacco, fuel, and alcohol. The tax can be imposed on the manufacturer, retailer, or consumer, depending on the specific tax. Some excise taxes can be levied directly from the customer, such as property taxes and excise tax penalties on certain retirement account activity.

  • A Federal excise tax is levied on motor fuel consumed during highway use. This means that when you buy gasoline for your car, a portion of the price you pay goes towards this tax. The proceeds from this tax are used for Federal highway projects.
  • An excise tax is levied on tobacco products at the State level. This means that when you buy cigarettes or other tobacco products, you are paying an additional tax on top of the price of the product.
  • An excise tax is levied on alcohol products at the State level. This means that when you buy beer, wine, or liquor, you are paying an additional tax on top of the price of the product.

These examples illustrate how excise taxes are applied to specific items that are considered luxury or specialty goods. The taxes are used to generate revenue for the government and to discourage the consumption of these items. By increasing the price of these goods, the hope is that people will be less likely to buy them, which can have health and social benefits.

excise | excited utterance

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BulbasaurNoLikeCardio
8:07
I don't remember what school I applied at but it asked if I had an instagram and I don't but my wife made one for my dog and I was like hmmm post his handle and get a boost from his cuteness.
8:40
Everyone I’ve met through here is legit hot as fuck
8:45
ig was such a fun app 5 years ago. meta wrecked it imo
BulbasaurNoLikeCardio
8:46
Rumor has it law school attracts hot people and I think with the people on LSD being more perfectionist, type A and high standards types it would reflect in their personal life and looks as well.
babycat
8:46
does someone want to make drama with me like a bunch of homosexuals? girls only
8:49
@babycat: I can cosplay as a woman
8:50
Has anyone taken a personality test and if so, what were you? I am really curious what yall are.
babycat
8:50
I’m actually not type a I’m like super chill genuinely
8:52
may be quackery, I am unsure, not a Dr/shrink. Debater (ENTP-A) is what I got 3 times
babycat
8:52
this is long I will let you know
BulbasaurNoLikeCardio
8:54
I have in-laws in town I don't need anymore drama lmao Like my wife and I don't do drama but man her brother sure does. Like publicly argue with spouse shit
8:54
Here is a short one: https://www.tailopez.com/fullquiz again might be total bs idk
babycat
8:55
@llama: i got enfj-t
BulbasaurNoLikeCardio
8:55
ISTJ, for some reason HR made us take a personality quiz
babycat
8:55
In the first one
babycat
8:55
it says protagonist lol
8:56
@BulbasaurNoLikeCardio: what test did yall use? That is v intersting
8:57
@babycat: rare. upon reflection does it seem accurate?
babycat
8:58
“Your career path is likely to be driven by a deep-seated need to make a meaningful difference in people’s lives. You thrive in roles that allow you to inspire, guide, and develop others, making you an excellent teacher, counselor, or team leader. Your natural charisma and ability to articulate a compelling vision make you a standout in fields like human resources, public relations, or non-profit management.”
babycat
8:58
I like this
BulbasaurNoLikeCardio
9:00
@llama: honestly no idea it was through workday. I think it was like 2-3pts ISTJ over INTJ
9:00
the second test I linked gives careers. not sure if they use database correlation or something else?
9:01
@BulbasaurNoLikeCardio: that makes sense: you and bunny are both willing to go out of ur way to help others
BulbasaurNoLikeCardio
9:04
I honestly do not remember what it said about my personality type as it was almost two months ago
babycat
9:05
llama seems like he knows a lot about this so i will defer to his expertise
9:07
*does not. I am clueless to the validity. I think Im on the spectrum and in trying to understand social interaction, I have used theses 'types' to try to understand people
glovediedthisishismom
9:09
guys my boss was out all last week mysteriously for a "vacation" right after the accounting people found a bunch of messy stuff in the numbers, and she stil isnt here today
babycat
9:11
omg!! scandal
9:11
@glovediedthisishismom: she pulled some cash from the corp, gambled on red @ Vegas [like Fred Smith of FedEx], and LOST, now does not know what is next, probably. https://www.google.com/search?client=firefox-b-1-d&q=fedex+gambling+story
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