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luxury tax

American  

noun

  1. a tax on certain goods or services not considered essential and usually relatively high in price.


Etymology

Origin of luxury tax

First recorded in 1900–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In the Premier League that will be 85%, though it is possible to spend as much as 115% in the first year and pay what is in effect a luxury tax.

From BBC • Mar. 23, 2026

The Dodgers' luxury tax payroll for 2026 is reportedly around $396 million -- nearly $90 million over the highest CBT threshold.

From Barron's • Jan. 23, 2026

Including their expected luxury tax bill this winter, Dodgers owner Mark Walter—fresh off his purchase of the Los Angeles Lakers—and his partners will pay roughly a half-billion dollars.

From The Wall Street Journal • Nov. 2, 2025

They spent more than $350 million to build their roster, not counting the enormous luxury tax bill that will increase their overall expenditures to over a half-billion dollars.

From The Wall Street Journal • Oct. 12, 2025

On went the unpopular luxury tax and sales tax.

From The Masques of Ottawa by Bridle, Augustus

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