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Excise

usgb/ˈeksaɪz/Volume
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Goods and ServicesPlay
'Excise' is often tied to specific products like alcohol or tobacco, not all purchases. SlideThe government increased the excise on tobacco products.
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Internal TaxPlay
'Excise' is a tax within a country rather than on goods coming in from abroad. SlideSmall businesses sometimes struggle with excise calculations.
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Government RevenuePlay
'Excise' helps governments to raise revenue, often to fund specific programs. SlideFuel excise is often used for road maintenance.