The Federal Government is spending far more than its revenue. It doesn’t seem likely that they are going to stop the spending so we are going to need some new revenue. Over the next few weeks I’m going to propose a few ideas I’ve had that might work.
The first tax is an Excise (Sin) Tax on video games and app store games. Concert and sporting event have added taxes as do liquor, gambling and hotel rooms. Games like Candy Crush and Freecell are addictive and expensive. Why not tax them for the children.
Expected revenue 50 billion dollars per year.
Next week Taxing Second Homes
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I like the idea of taxing everyone for having “more bathrooms than you need”
Larry
I’ll schedule that idea for week five. I like “sin taxes” and “asset taxes.”