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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.

See Examples For:

A record $402,637,907 was paid in luxury tax penalties last season, with the Dodgers paying the most at a record $169.4 million.

From Los Angeles Times ● Sep. 28, 2026

LRD differs from luxury tax payrolls, which are based on the average annual value of every player contract on the 40-man roster.

From Los Angeles Times ● Sep. 28, 2026

The Los Angeles Dodgers, for instance, have a luxury tax payroll of around $420 million as they look to win their third consecutive World Series.

From The Wall Street Journal ● Jun. 1, 2026

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

On went the unpopular luxury tax and sales tax.

From The Masques of Ottawa by Augustus Bridle

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