What do a.m. and p.m. stand for?

luxury tax

a tax on certain goods or services not considered essential and usually relatively high in price.
Origin of luxury tax
1900-05 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
Examples from the web for luxury tax
  • The luxury tax on yachts proved that once and for all.
  • The last four league champions have all paid luxury tax.
  • The burden is getting lighter: the federal luxury tax on cars will be eliminated at the end of the year.

Word of the Day

Difficulty index for luxury tax

Few English speakers likely know this word

Word Value for luxury

Scrabble Words With Friends

Nearby words for luxury tax