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- Luxury_tax abstract "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.".
- Luxury_tax wikiPageExternalLink 1E1-luxuryta.html.
- Luxury_tax wikiPageID "1067738".
- Luxury_tax wikiPageRevisionID "600923662".
- Luxury_tax hasPhotoCollection Luxury_tax.
- Luxury_tax subject Category:Personal_taxes.
- Luxury_tax type Abstraction100002137.
- Luxury_tax type Charge113400798.
- Luxury_tax type Levy113308864.
- Luxury_tax type Liabilities113396054.
- Luxury_tax type PersonalTaxes.
- Luxury_tax type Possession100032613.
- Luxury_tax type Relation100031921.
- Luxury_tax type Tax113308999.
- Luxury_tax comment "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.".
- Luxury_tax label "Impuesto al lujo".
- Luxury_tax label "Luxury tax".
- Luxury_tax label "Luxussteuer".
- Luxury_tax label "奢侈稅".
- Luxury_tax sameAs Přepychová_daň.
- Luxury_tax sameAs Luxussteuer.
- Luxury_tax sameAs Impuesto_al_lujo.
- Luxury_tax sameAs m.0433pt.
- Luxury_tax sameAs Q1755408.
- Luxury_tax sameAs Q1755408.
- Luxury_tax sameAs Luxury_tax.
- Luxury_tax wasDerivedFrom Luxury_tax?oldid=600923662.
- Luxury_tax isPrimaryTopicOf Luxury_tax.