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Old 07-02-2008, 12:13 AM
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Quote:
Originally Posted by nerv14 View Post
I have been intereted with a tax on luxury goods, such as private boats, huge houses or expensive cars, because it would be a way to increase taxes on the rich without the income tax.

That tax may also be very helpful with universal sales tax instead of the income tax. In the best case scenario, a luxury tax would take away some of the regressive taxing that exists in a much larger sales tax.

Does anyone think that it would be practical, because I am unsure if the government would be able to determine what is considered "luxury" or not.
I would consider items such as large houses, fine wines or hellicopters to require an added tax.

What does everyone else think?
The tax would become very biased and just another tool of the government to be corrupt. They would get to pick what is and is not luxuries. It would certainly be corrupted. Exemptions are one of the biggest problems with taxation. Even tax on all goods. No picking what ones get taxed and what ones do not.
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