luxury taxes

A form of luxury tax — Any tax on the sale of items not considered to be essential to a reasonable standard of living, for the purpose of increasing revenue, discouraging the use of certain articles, or both.

Meanings

noun
  1. pluralplural of luxury tax
Cite this entry
APA

luxury taxes. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/luxury%20taxes

MLA

“luxury taxes.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/luxury%20taxes. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “luxury taxes,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/luxury%20taxes.

Source: luxury taxes on Wiktionary, CC BY-SA 4.0.