I'm sympathetic to libertarianism, but I'm also in favor of targeted taxes on luxury goods. A lot of the reason people buy these goods is to signal wealthy any

I'm sympathetic to libertarianism, but I'm also in favor of targeted taxes on luxury goods. A lot of the reason people buy these goods is to signal wealthy anyways. They're "Veblen goods" where the demand doesn't necessarily go down as price increases -- it may even go up. They're also a deadweight loss for the economy. So taxing them doesn't just appease the masses. It's also good policy. Much better than taxing wealth or income, for instance.