Definition of excise duty: A percentage levied on manufacture, sale, or use of locally produced goods (such as alcoholic drinks or tobacco products). Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
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âAnd let's remember, these fighter pilots are flying $100 million airplanes, or $150 million, if they're early models of F22s or F35s,â explained Retired Air Force Lieutenant General Tom McInerney. It currently costs the taxpayer about $6 million a year to train one fighter pilot in today's Air Force. Jennifer Griffin currently serves as a national security correspondent for FOX News Channel . She joined FNC in October 1999 as a Jerusalem-based correspondent.