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Maybe... My point was that often these taxes are actually targeting imports, and not necessarily "luxuries". Well, that also depends on how you define luxuries
by jopsen 5y ago
Maybe... My point was that often these taxes are actually targeting imports, and not necessarily "luxuries".
Well, that also depends on how you define luxuries :)
I personally don't mind taxes, but consumption taxes, even on "luxury items" are generally likely to be regressive in nature. So maybe don't use them...
- pasabagi 5y ago>likely to be regressive I'm not sure. I was just looking for some points of comparison, and as far as I can gather, tampon tax (the standout example for regressive luxury taxation) wasn't actually a luxury tax, but rather a tax on 'unnecessary' items. Which is - ech - but, you know, it's not an extra tax. I think explicit taxes on higher-price items within categories (so like, expensive cars) would be kinda nice, because it avoids all of the fiddly questions over what is and isn't an luxury item.