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luxurytax
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The answer LUXURYTAX has 4 possible clue(s) in existing crosswords.
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The word LUXURYTAX is NOT valid in any word game. (Sorry, you cannot play LUXURYTAX in Scrabble, Words With Friends etc)
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Definitions of luxurytax in various dictionaries:
No definitions found
Word Research / Anagrams and more ...
Keep reading for additional results and analysis below.
| Possible Crossword Clues |
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| Tariff on valuables |
| Monopoly square |
| Personal property assessment |
| Space beside Boardwalk |
| Last Seen in these Crosswords & Puzzles |
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| Apr 29 2017 Thomas Joseph - King Feature Syndicate |
| Nov 27 2014 Universal |
| Mar 15 2007 New York Times |
| Apr 28 2003 New York Times |
| Luxurytax might refer to |
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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 items of particular classes, except that it mainly affects the wealthy because the wealthy are the most likely to buy luxuries such as expensive cars, jewelry, etc. It may also be applied only to purchases over a certain amount; for instance, some U.S. states charge luxury tax on real estate transactions over a limit. * A luxury good may be a Veblen good, which is a type of good for which demand increases as price increases. Therefore, the effect of a luxury tax may be to increase demand for certain luxury goods. In general, however, since a luxury good has a high income elasticity of demand by definition, both the income effect and substitution effect will decrease demand sharply as the tax rises. |