So let's say this will increase the price of some products.  Most products we purchase are not necessary items, and often we can find used materials instead of new.  Many food items are often unhealthy/junk/snack foods.  So, for those who can't afford to spend more, don't.  Consuming less is a GOOD thing. While I would rather see taxes on the externals of products, or a "Natural Capitalism" system as Amory Lovins and Paul Hawkins describe in the book of that title, I'm all for this tax because the wealthiest businesses can't wiggle out through some back door tax loophole or other maneuver.  Another form of revenue I wish we would implement in Oregon is a 3% severance tax for logging like they have in the states of California and Washington.