I’m about 99 and 44/100ths percent Liberatarian. Every so often, however, something comes along and makes me question my principles.
For example, when I see that the State of Texas has approved personalized license plates that sell for $395 a year, I’m tempted to endorse increasing the income tax rate to 90% for anyone dumb enough to pay that kind of money for a license plate. (The same applies to anyone who would pay $4,295 for a tone arm to improve the playback of their 78s, or $500 for an Ethernet cable.)
[…] One part of me thinks this is kind of nifty. One part of me thinks people who buy this should be taxed at the 100% level, just like people who purchase $4,295 tone arms. […]