luxury tax

listen to the pronunciation of luxury tax
English - Turkish
lüks vergisi
English - English
Any tax on the sale of items not considered to be essential to a reasonable standard of living; either to increase revenue, or to discourage the use of certain articles
tax imposed on non-essential goods and services
Excise levy on goods or services considered to be luxuries rather than necessities (e.g., jewelry and perfume). Luxury taxes may be levied with the intent of taxing the rich or in a deliberate effort to alter consumption patterns, either for moral reasons or in times of national emergency. Today revenue productivity generally overshadows the moral argument
luxury tax

    Hyphenation

    lux·u·ry tax

    Turkish pronunciation

    lʌgjıri täks

    Pronunciation

    /ˈləgᴢʜərē ˈtaks/ /ˈlʌɡʒɜriː ˈtæks/

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