stupid tax
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English[edit]
Etymology[edit]
From the fact that gambling has a great unlikelihood of yielding monetary return, and is therefore supposedly engaged in only by stupid people as a form of penalty for their stupidity.
Noun[edit]
stupid tax (usually uncountable, plural stupid taxes)
- (slang) Money spent on gambling.
- (slang) Money spent on lotteries.
- (slang, by extension) Money spent on something considered an illogical or unintelligent purchase.