Emac's Bottom Line

The New Christmas Tree Tax

A new Christmas tree tax to advertise fresh trees ironically is the quickest route to fake ones.

The administration has proposed a new Christmas Tree tax of 15 cents per tree that’s been in the works since 2008. The expected $2 million raised will pay for a new Christmas tree ad campaign promoting the merits of real, live trees.

A new 12-member board will oversee how the money raised will be spent.

Maybe a new Christmas tree tax for advertising will help struggling newspapers like The New York Times, survive, which can then kill more trees to print newspapers.

And how about taxing the Star Shining in the East, or taxing the Holy Family, because sales of Christmas tree stars have really taken off, as have Nativity scenes.

P.S. - A Christmas tree tax ironically is the quickest route to artificial trees, which the tax is meant to stop. Taxes are incentives not to buy—and there’s no telling how high this tax could go.

Elizabeth MacDonald joined FOX Business Network (FBN) as stocks editor in September 2007 and is the author of Skirting Heresy: The Life and Times of Margery Kempe (Franciscan Media, June 2014).