New York kinda does that: you can smoke all the cigarettes you want but itll cost you $13 a pack. Seems to work well.
I had an idea of all tax being sales tax the problem is it's far to volatile and could send a boom/bust economy swinging like the mood of a pre-pubecent high school girl.
Sin taxes... like, taxing prostitution? I'm not following. But I like the sounds of it: you can do what you want but be prepared to pay the premium.
-OS-Team AppNut
Sin taxes traditionally tax purchases that would be labeled as "sins" from a biblical perspective. They originate from largely southern "blue laws".
The idea would be similar to new yorks cigarette tax. As long as a behavior isn't hurting or infringing on another persons rights, it should be legal, including drug use, prostitution so long at the hookers aren't forced et cetera. Typical sales taxes would be applied, plus an additional "sin" tax.
The recreational drug industry, which will prosper whether taxed or not, would be a real boon.
Think about corporate pot farms. Increased supply, with much lower distribution costs given legality would drive prices way down for users, a tax would barely be felt and we would have a new, homegrown, cash crop adding to GDP, employment numbers and salaries, sales and sin taxes and every other trickle down benefit.
