Also known as tax in rem, in rem, excise tax, Excise Tax
thumb|A 1892 beer duty stamp, noting the cost of the duty (one shilling and sixpence), the unit taxed (Firkin (unit)|9 gallons), its target (malt and hops exclusively), and its source (inland revenue).
An excise is a tax that a government places on specific goods produced or sold within the country, such as the beer tax shown on this 1892 stamp. It matters because it allows governments to raise revenue and can be used to discourage consumption of certain products by making them more expensive.
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