[Nasrudith]

Technically that would be either a luxury or high value item tax as opposed to a consumption tax because of the itemization of it.

If it was applied across the board to everything a high value item tax would be an absolutely terrible component to competitiveness however given that large capital outlays are how first world industry stays competitive and produces large real utility returns on investment. It would encourage more 'sweatshop' style production instead of a mechanized line let alone automated production lines.