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Smart-Arse-Tax 

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.
Smart-Arse-Tax by A smart arse November 30, 2011
Related Words

arse tax 

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The render of shit left on the back of the toilet after a heavy night of beer and a Vindaloo
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Now that I am an adult I am beginning to heal from the church hurt that was inflicted on me as a child.
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Huge. Surpassing normal expectations.
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