arrogance tax Share definition Flag When your professor lowers your grade on a term paper just because you're a cocky bastard. William worked his ass of to get a 99.5 percent on his paper. His professor took a .5 point arrogance tax. arrogance tax by The Real GY May 16, 2014 0 0 Get merch Get the arrogance tax mug. Buy Now — $32.95 See more merch