Dictionary.com
Thesaurus.com
Showing results for luxury tax. Search instead for luxury storage.

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.

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

MLB is the only major North American league not to have a salary cap, instead implementing a luxury tax for teams that exceed a payroll threshold.

From Barron's • Jan. 16, 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

On went the unpopular luxury tax and sales tax.

From The Masques of Ottawa by Bridle, Augustus

Vocabulary.com logo
by dictionary.com

Look it up. Learn it forever.

Remember "luxury tax" for good with VocabTrainer. Expand your vocabulary effortlessly with personalized learning tools that adapt to your goals.

Take me to Vocabulary.com