no their is no luxury tax in California anymore.
The luxury tax is a tax on luxury goods, which are products considered not essential for living. The luxury is levied at different rates depending on the price of the product.
Luxury tax adds 15% to your total cost. For instance, a $600 pair of jeans would be taxed an additional $30 for luxury tax.
The luxury tax threshold for 2008 is $155 million. For 2009 it is $162 million.
The Luxury Tax in Monopoly is $75. It is found between Park Place and Boardwalk.The U.S. edition of Monopoly raised it's Luxury tax to $100. Monopoly is not the only place you can find a Luxury tax. Many high end hotels charge them.
No.
excise tax
4
there is none
excise tax
It is a progressive tax. Because the tax gets higher as you pay high price for the luxury goods.
The luxury tax threshold for 2008 is $155 million. For 2009 it is $162 million.