Sin tax
From The Art and Popular Culture Encyclopedia
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A sin tax is an excise tax specifically levied on certain goods deemed harmful to society, for example alcohol and tobacco, candies, drugs, soft drinks, fast foods, coffee, sugar, gambling and pornography. Two claimed purposes are usually used to argue for such taxes. In contrast to Pigovian taxes, which are to pay for the damage to society caused by these goods, sin taxes are used to increase the price in an effort to lower their use, or failing that, to increase and find new sources of revenue. Increasing a sin tax is often more popular than increasing other taxes. However, these taxes have often been criticized for burdening the poor, taxing the physically and mentally dependent, and being part of a nanny state.
See also
- Sugary drink tax
- Consumption tax
- Ecotax
- Land value tax
- Müskirat resmi
- Paternalism
- Pigovian tax
- Taxation and regulation of alcohol production
- Tobacco tax
