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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 ...

Could teams actually pay a 92 percent luxury tax under the new ...


Dec 2, 2016 ... Could teams actually pay a 92 percent luxury tax?! Yes -- and no. Here's the math , using the 2014-16 payrolls of the Dodgers and Yankees ...

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).

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 ...

Luxury Tax - Tax | Laws.com


Items considered a luxury are taxed as a percentage of the sale price, but likely at a higher percentage than the regular sales tax. The tax is considered to be ...

Cubs among the record six teams that are reportedly sent luxury tax ...


Dec 17, 2016 ... The Cubs are hit with the luxury tax for the first time, while the Dodgers receive the largest tax bill.

Luxury Taxes Law and Legal Definition | USLegal, Inc.


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 ...

What is luxury tax? definition and meaning - BusinessDictionary.com


Definition of luxury tax: Ad valorem tax or progressive tax charged on high priced goods deemed non-essential, such as cars above a certain value or engine ...