The Student Room Group

Are these luxury items?

I read in the online distance learning IGCSE Business course I’m doing a scenario in which the income tax rate increased and consumers stopped buying luxury goods coffee and sandwiches in a coffee shop.

What defines a luxury good that people will stop buying when income tax rates increase because they have less disposable income? Are newspapers luxury items? Are electrical equipment like televisons and technology, luxury items?
Period things are considered luxury items so they should
Reply 2
Original post by littlelily2002
Period things are considered luxury items so they should

What do you mean?
If girls products have luxury tax on them then so should they
Reply 4
Original post by littlelily2002
If girls products have luxury tax on them then so should they

Ok but what about the products I asked about, are they luxury items?

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