The US used to have a lot more "luxury taxes" on things like yachts. They got repealed "because they were hurting jobs in the industry" (e.g. the yacht industry). Leading Democrats at the time led the repeal push...
What would be ideal, in some ways, is a progressive consumption tax, with the hard parts being defining consumption (e.g. is cancer research consumption?) and actually measuring it....
What would be ideal, in some ways, is a progressive consumption tax, with the hard parts being defining consumption (e.g. is cancer research consumption?) and actually measuring it....