Concerned with Her Inability to Control the Deficit, the Minister

Concerned with her inability to control the deficit, the Minister of Finance has indicated that she is considering the introduction of a head tax. This would be a tax of $200 per year, assessed on every living Canadian resident who, on December 31 of each year, has a head. In order to enforce the tax, all Canadian residents would be required to have a Head Administration Tax identification number (HAT, for short)tattooed in an inconspicuous location on their scalp. A newly formed special division of the RCMP, the Head Enforcement Administration Division (HEAD, for short), would run spot checks throughout the country in order to ensure that everyone has registered and received their HAT.
The Minister is very enthusiastic about the plan, anticipating that it will produce additional revenues of $5 billion per year. It is also expected to spur economic growth through increased sales of Canadian made toques.
As the Minister's senior policy advisor, you have been asked to prepare a memorandum evaluating this proposed new head tax.
Required: Prepare the memorandum.