OK... so you have something to say finally.
The luxury tax you speak of was never coupled with a complete abolishment of income tax. Also, cite your references about the impact on employment that this luxury tax affected.
How many $250,000 purses do you think are bought and sold annually in our economy? How many people's livlihood is tied to propping up the $250.000 purse industry?
gem miners, gem cutters, gem wholesalers, weavers, cotton farmers, fur trappers, tanners, seamstresses, jewelers all work together to make the item, and would be unemployed without this product.
then the confidential couriers jump on their Ducati race bikes to deliver them to the billionaire who "Needs" the item so you also make unemployed: Ducati motorcyle corp, Ducati dealers, Ducati's assembly line crew, Ducati mechanics, gas station attendants, people who make and sell motorcycle tires, gun and ammunition manufacturers, holster makers, courier bag manufacturers, the nefarious looking (and presumably One -Eyed) villains who attempt to intercept the courier on his mission to deliver the $1/4 mill handbag, then theres the ancillary personnell supported by our criminal ringleader, including his Moll. and what of HIS boss, the criminal mastermind who pulls the strings from the shadows, the man who employs HUNDREDS of anonymous henchmen with glass jaws who can be easily rendered unconcious with a single judo chop to the shoulder, the cleaning crew who maintains his island fortress, the laundry service that ensures his henchmen's uniforms are all just so, and then theres his team of super scientists... doomsday weapons are not cheap!
its an intricate web of commerce that spans the globe and ensures that we are always just on the edge of a crisis of epic proportions, and the world could at any minute be held ransom by a madman with a nuclear weapon, or a death ray, or a weather machine, or an earthquake machine...
and then theres the whole issue of british secret agents...