Is luxury tax justifiable?

Hyunseop Kim

Economics and Philosophy, 2023, vol. 39, issue 3, 446-467

Abstract: This paper examines whether, and if so when, luxury tax is justifiable. After a characterization of luxury tax, I critically examine several arguments that have been or can be made in defence of luxury tax, including Ng’s diamond good argument and a variation of Frank’s positional good argument. I put forward an alternative, expressive argument, according to which luxury tax can help to create and sustain social norms that discourage conspicuous luxury consumption and display of wealth. I explain several ways in which luxury tax fails to achieve the expressive goal and brings about unintended consequences.

Date: 2023
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