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Luxury tax - Wikipedia


A luxury tax is a tax on luxury goods: products not considered essential. A luxury tax may be modeled after a sales tax or VAT, charged as a percentage on all ...

Luxury Tax Definition | Investopedia


A luxury tax is a tax placed on products or services that are deemed to be unnecessary or non-essential. This type of tax is an indirect tax in that the tax increases ...

The 'tampon tax,' explained - The Washington Post


Jan 8, 2016 ... Most U.S. women pay a so-called "tampon tax," which refers to a tax on ... but make exemptions for select “necessities” (non-luxury items).

What is a luxury tax? | Reference.com


A luxury tax is essentially a tax placed on any goods or services the United States government as well as many state governments deem as non-essential.

Luxury Taxes Law & Legal Definition


A luxury tax is a levy on articles that are expensive, nonessential items. The luxury tax can make certain products and services more desirable—there is a ...

Luxury Tax | FanGraphs Sabermetrics Library


Technically called the “Competitive Balance Tax”, the Luxury Tax is the punishment that large market teams get for spending too much money. While MLB does ...

These are the U.S. states that tax women for having periods | Fusion


Jun 3, 2015 ... most states tax all “tangible personal property” but make exemptions for select “ necessities” (non-luxury items). Things that are considered ...

Dodgers' tax bill comes due at record $43.7 million - USA Today


Dec 1, 2015 ... The Los Angeles Dodgers will pay a record $43.7 million luxury tax penalty after finishing the 2015 season with the largest payroll in baseball ...

The Tampon Tax Could Finally Be Eliminated in These States - Time


Jan 28, 2016 ... While most states still tax tampons, Utah, California, and Virginia are ... considered “luxury” or otherwise inessential items, and are therefore ...

Breaking Down Over $400 Million In MLB Luxury Tax Penalties ...


Dec 3, 2015 ... The Dodgers lead the way in 2015 with a massive $43.7 million Luxury Tax bill. But here's what the MLB Luxury Tax looks like for 2003 to 2015.

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Cleveland Cavaliers owe $54 million in luxury taxes - ESPN.com


Jul 3, 2016 ... The reigning NBA champion Cleveland Cavaliers owe a league-high $54 million in luxury taxes for spending above the salary-cap threshold ...

Luxury Tax in the United States of America (USA) | Economy Watch


Oct 13, 2010 ... As the very name suggests, Luxury Tax in United States is levied on luxury commodities. The intention for imposing Luxury Tax in United States ...

What Is the Luxury Tax? - Definition - About Basketball


The luxury tax is a charge paid by NBA teams with payrolls that exceed the league's salary cap by a certain, pre-set level.