luxury tax
Americannoun
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 ban is expected to cost George about $11.7 million of his season salary and save the 76ers about $5 million in luxury tax payments under the league's salary cap system.
From Barron's ● Jan. 31, 2026
What does MLB do with the luxury tax revenue?
From Los Angeles Times ● Jan. 16, 2026
Including their estimated luxury tax bill, the Dodgers’ current squad will ultimately cost more than $500 million.
From The Wall Street Journal ● Oct. 22, 2025
The only other source of additional revenue in immediate contemplation appears to be the luxury tax.
From Rebuilding Britain A Survey of Problems of Reconstruction After the World War by Hopkinson, Alfred, Sir
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
