Pay through the nose
Anything known on this? Thus far I`ve come across a Danish tax on Irish noses, a wordplay on a slang term for money (`rhino`) and a reference to nose bleeds; all of which fail to convince.
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The expression dates back to (at least) the late 1600s, which I would have thought would rule out the "rhino" = money explanation, but it turns out that that bit of slang also dates back to the late...
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