this post was submitted on 06 Jan 2024
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Luxury tax doesn't apply to dealers/retailers. It would just get piled on the final user. Which would be fine for the "richer than god" types, but not so great for some poor bastard with an addiction who can't help themselves.
You're right, in that the customer would pay the tax. But also its not like they could be charging an extra 20% and be getting more money. They will have put significant effort and research into finding out what the optimal level of pricing is to get the most grift, which means the fall in "sales" from putting things at a higher price would outweigh the increased profit. I'd rather them scam less and let the government get at least a slice of it. Though really, more regulation to stop this kind of exploitation would be better.
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Oh look you're now stalking me though comments and decided I'm a libertarian. In some places more regulation is good, in others poor regulation is bad. For example placing regulations on when unions are allowed to strike is an example of bad regulation, is that ok with you? Or would you rather I just played into your fantasy of techno-bro and just say "government bad, ubermen smash!" more?
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