That extra bit of $$$ people charge you to pay on top for something because it's unusual, nostalgic/iconic and elicits gawkers/discussion/conversation. It might not even be a particularly rare or valuable item but because of the aforementioned attributes the novelty tax greatly exaggerates it's value.
Example 1:
Bill: "Did Ed really pay $8500 for a old Mazda Miata? He could have gotten so many better cars for nearly as much!"
Mikey: "True, but those NAs are getting harder to find nowadays and c'mon man....those Pop-up headlights are a pretty cool party trick."
Bill: "Bruh...he paid way too much novelty tax for that old ass car, but I'll give it a pass because now he looks like a recently divorced single mother who left the hair salon with a pixie-cut because she was wanted to try something new......and you know how much I like chicks with short hair."
Example 2:
Ann: "Hey, remember when we were little and we would find Gameboys at the swap meet for $5."
Fred: "Yeah, wow what a trip. Now try finding them and their asking $50"
Anne "Didn't they sell millions of them though? Like, why are they expensive now?"
Fred "It's the novelty tax; current social media thrives on late 90s/early 00s nostalgia and now everyone wants to own a little piece of their past nowadays to show off and be validated. Nostalgia is ripe for exploitation. Now that I think of it, I have a copy of Pokemon Crystal sitting around! I'm going to eat good tonight!!"
Bill: "Did Ed really pay $8500 for a old Mazda Miata? He could have gotten so many better cars for nearly as much!"
Mikey: "True, but those NAs are getting harder to find nowadays and c'mon man....those Pop-up headlights are a pretty cool party trick."
Bill: "Bruh...he paid way too much novelty tax for that old ass car, but I'll give it a pass because now he looks like a recently divorced single mother who left the hair salon with a pixie-cut because she was wanted to try something new......and you know how much I like chicks with short hair."
Example 2:
Ann: "Hey, remember when we were little and we would find Gameboys at the swap meet for $5."
Fred: "Yeah, wow what a trip. Now try finding them and their asking $50"
Anne "Didn't they sell millions of them though? Like, why are they expensive now?"
Fred "It's the novelty tax; current social media thrives on late 90s/early 00s nostalgia and now everyone wants to own a little piece of their past nowadays to show off and be validated. Nostalgia is ripe for exploitation. Now that I think of it, I have a copy of Pokemon Crystal sitting around! I'm going to eat good tonight!!"
by Theupdownturnaround December 31, 2021
Get the Novelty Taxmug. by Talented Turtle April 2, 2017
Get the On-demand and taxesmug. When someone gets a large tax return and beings blowing it or having a disregard for the price of anything.
Jenny got her tax return yesterday and shes already gone tax crazy, she just bought a new tv and is taking us out for drinks.
by Bughuul February 25, 2019
Get the Tax crazymug. The extra price you pay for being for being a fucking weeb. Usually because weeaboos drive up demand.
Particularly used in videogames.
Particularly used in videogames.
by Matoi Enjoyer July 14, 2022
Get the weeb taxmug. The price of cheating on a spouse, usually encompassing costs like alimony, child support, utilities, housing, cell phones, food, and vehicles.
The tax is often paid to both the spouse & the piece of ass on the side, and is necessary to avoid a public scene of marital discontent involving wrecked cars, burned wardrobes, trashed houses, midnight shouting matches in the front yard, etc.
The tax is often paid to both the spouse & the piece of ass on the side, and is necessary to avoid a public scene of marital discontent involving wrecked cars, burned wardrobes, trashed houses, midnight shouting matches in the front yard, etc.
SteveBro: "Dude, paying this adultery tax is killing my paycheck."
DaveBro: "Really, Bro? Try missing a payment on that shit and we'll be reading about you in the newspaper!"
DaveBro: "Really, Bro? Try missing a payment on that shit and we'll be reading about you in the newspaper!"
by BeepoZButtbanger October 4, 2013
Get the adultery taxmug. Today I saw the tax man behind me with his lights on to let me know o was due to pay the speeding tax.
by Put your finger in my stoma September 29, 2023
Get the speeding taxmug. Syrup tax or syrup taxing is the terminology commonly associated with getting your ass kicked by a Royal Canadian Mounted Policeman.
Doug won't be doing that again, eh, the fuzz put a syrup taxing on him he won't soon forget, eh. Yous got a beer?
by Carlo Dagastoni April 18, 2021
Get the Syrup Taxmug.