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A Smart-Arse-Tax is a form of punishment imposed on smart-arses by taking money/ other items of value from friends, peers etc when they demonstrate their ability to be a smart-arse.
Calling someone a smart arse is intended to pull them down a peg or two for adopting a position of superiority, especially intellectual:

(1) through sarcasm,

(2) by using obscure knowledge to score points off other people, or

(3) just being too f**king smug when they're right about something.

Imposing a Smart-Arse-Tax, actually fines them for this behaviour, giving the recipient a sense of achievement and control.
by A smart arse November 30, 2011
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Apr 22 Word of the Day
When you eat dirt for the first time and leave your family to build a shack in the woods
Bro since I got dirtpilled on Tuesday I have made sooo many worm friends and made them soo many little houses to get married in. Me? Lonely? No you’re the lonely one u lawn owning freak
via giphy
by ecogoth December 30, 2020
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