G
Galatea
Guest
That's a valid point. Of course, luxury would have to be quantified. Most people would think shelling out $500 for one item would be kind of extravagant. So, that is something I would define as a "luxury". I mean, personally, I wouldn't buy a purse for $500. To me, that is too expensive. If someone else does, good on them. They could well afford a 10% luxury tax and pay $50 extra dollars. I did not suggest services, only luxury goods- stuff that people don't need. This is what I'd do if I ruled the world. But of course, I don't.Then define "luxuries." Because you know what I consider "luxury items?" Teddy bears, cell phones, Internet access, computers, cable TV, a car, concerts, restaurants, tablets, buying music, shrimp, streak, flounder, scallops, subscriptions, outside furniture, candy, plants, skate boards, TVs, paper plates, etc.
(Funny you should say that. The premise of my novel series is the government banned luxury items. Anything anyone doesn't need is a luxury items. Little did the government understand, stuffed animals are alive. Because of that, I've spent quite a lot of time determining what is and what isn't a luxury item. Knick knacks? Luxury items!)
The problem with determining what should and shouldn't be taxed, as far as consumer goods go, is someone is always richer than you, and someone is always poorer than you. So, who gets to decide who gets punished for their money?