The way I read it is as a somewhat ironic comment on how a lot of people, after doing something they shouldn't or avoiding something they should do, already kno

The way I read it is as a somewhat ironic comment on how a lot of people, after doing something they shouldn't or avoiding something they should do, already know their mistake way before correcting it or suffering the consequences, and just don't act accordingly. I'm not 100% sure on the "luxurious", but for me it reads as if saying "you know you've done wrong, you know it's going to come back to haunt you, but you're reveling in the inaction/avoidance in the meantime"