Excise

{
  "id": "MLC-T-LAW-001958",
  "term": "Excise",
  "field": "Law",
  "definition": "An indirect tax levied on the manufacture, sale, or use of specific goods, services, or business activities, rather than on personal income or property value. The tax is imposed on the producer or seller, who then includes the cost in the product's final price, effectively passing it to the consumer. Federal and state governments impose excise taxes on items such as gasoline, tobacco, alcohol, and airline tickets.",
  "url": "https://mlchart.com/terminology/law/excise/"
}