Excise is a tax on the production of goods. It was first levied in Britain in 1643 on wines, beers, tobacco etc. to raise funds to support the army against Charles I.
In the USA the first excise law was passed after an excited debate in 1790, Secretary Hamilton insisting upon the necessity of such an enactment. It levied a tax varying from nine to twenty-five cents upon every gallon of liquors distilled in the United States and a higher rate for imported liquors. Lower rates were established in 1792. The opposition was strong throughout the country, culminating in the Whisky Insurrection in Pennsylvania in 1794.
During Jefferson's administration the excise was abolished, but was revived in 1813 during the War of 1812, imposing a tax on liquor, sugar, salt, carriages, and instruments of exchange, and a stamp duty. In 1817 these duties were repealed and no excise duty was levied until 1862, during the American Civil War. This system embraced taxation upon occupations and trades, sales, gross receipts and dividends, incomes of individuals, firms and corporations, manufactures, legacies, liquors, tobacco, distributive shares and successions. Research Excise
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Abbreviations
Money
Research Excise
