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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:

Yet, in St. Louis, Mozeliak built winners without the Cardinals owners ever paying a luxury tax.

From Los Angeles Times Jul. 6, 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

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

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

Discover which of the following taxes are levied in your state: general property tax, income tax, inheritance tax, poll tax, license tax, transaction tax, sales tax, luxury tax, mortgage tax, franchise tax, excess profits tax.

From Problems in American Democracy by Thames Ross Williamson

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