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)

  1. (slang) Money spent on gambling.
  2. (slang) Money spent on lotteries.
  3. (slang, by extension) Money spent on something considered an illogical or unintelligent purchase.

See also edit