stupid tax
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.