Friday, March 17, 2017

Douchebag Tax

 Many years ago I proposed a tax with the unfortunate acronym of VAST.  Value Added by Status Tax.

 In concept it was very simple: For each category of consumption a basic level of value would be established:  A public bus seat mile for transportation, a simple diner for a meal out, a street market for groceries, a basic Ford or Chevy for a car, a Boston Whaler for a boat, etc.  Any vendor charging more than the basic level value would be required to add a substantial tax based on the price paid minus the basic level.  If a family meal out were determined to have a basic value of $10  restaurant charging $25 would be required to charge tax on the extra $15.  A restaurant charging $100 would charge tax on the $90.  If well over the basic level the tax would show on the receipt as the Douchebag tax.  Each category would have its own rate to give politicians something to argue about, with luxury categories taxed at a much higher rate. 

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