Thank you China for introducing me to the phrase “IQ tax”, which applies to objects such as NFTs and balenciaga trash bags.
@hacks4pancakes in the UK you'll sometimes hear the national lottery called the "idiot tax"
@MortonRobD @hacks4pancakes Came to say this. I've heard people in the USA (especially one brother-in-law) refer to the lottery as the "idiot tax" or the "stupid tax."
@guyjantic @MortonRobD @hacks4pancakes I’ve heard “Poor tax” which is more charitable
@hacks4pancakes oh shit this is so good
@hacks4pancakes Yes but “balenciaga trash bags” is just so much fun to say with the soft c’s and t’s.

see also: lottery tickets

@hacks4pancakes

@praxiscode @hacks4pancakes "national" lottery in Germany is even a way to get money from less educated people to pay for more educated people's leisure. The lottery pays out earnings to public pools, libraries and other stuff (and even used to advertise it).

Lottery is a tax on people who are bad at statistics.

@hacks4pancakes Trump is an IQ tariff on America, then.
@hacks4pancakes thats what my grandma called the lottery