sin tax

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sin tax

n. Informal
A tax on certain items, such as cigarettes and alcohol, that are regarded as neither necessities nor luxuries.

sin tax

n
(Government, Politics & Diplomacy) informal a tax levied on something that is considered morally or medically harmful, such as alcohol or tobacco

sin′ tax`


n.
a tax levied on items, as cigarettes or liquor, considered neither luxuries nor necessities.
[1960–65]
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References in periodicals archive ?
this reflects the four percent adjustment in sin taxes according to the sin tax law, so that's expected, it's okay," the finance chief said.
The combined sin taxes collected in 2017 exceeded the P144.
States and local governments frequently relied on short-term revenue and expenditure strategies--including so called sin taxes (e.
The study, on "the sin taxes that make the poor poorer", said: "The most effective way for the state to lift people out of poverty is to stop taking their money.
Sin taxes have the potential to generate substantial revenue.
Sin taxes would raise P 33 billion ($800 million or Dh2.
Politicians have always liked sin taxes because, at least in theory, they not only raise money but also do a social good.
Plus, sin taxes encourage consumers to evade them through smuggling and other means, which increases crime and creates social disturbances.
Currently, sin taxes raise about $119 million annually.
Sin taxes create an obvious moral hazard for lawmakers.
Kellner proposed freezing all government spending, instituting a value-added tax on everything except medical, housing and food, taxing import oil and a raising sin taxes.
The Washington Alliance for a Competitive Economy (WashACE) released the sixth of its 2005 competitiveness briefs -- this one titled, "Wallowing in Sin Taxes.