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 ?
The latter [cigarettes] may be explained partly by price increase due to sin tax hikes and partly by the appropriate price adjustments of Mighty Corp.
10351 or the Sin Tax Reform Law of 2012, tobacco products were taxed a higher unitary rate of P30 per pack starting last Jan.
We would also support [the] review of the sin tax law for both alcohol and tobacco and the tariffication of rice.
READ MORE Sin tax takes effect in UAE Sin tax: Why you are getting taxed on your vices Tobacco tax has expats reconsidering consumption Diversification
Anti-smoking group New Vois Association of the Philippines (NVAP) expressed confidence that the use of the billions of pesos from sin tax revenues will improve under the Duterte administration.
TIM: Legalizing marijuana--and the attendant tax revenue--is a good idea, but it goes to show you that a sin tax doesn't stop "sinning.
Nonbiodegradable household waste such as disposable nappies and plastic bags is the most popular future sin tax.
The truth is these are high user taxes, but they ought to be high," said Buck, who has pushed for sin tax increases since 1999.
Proponents argue that such taxes are justified because revenues can be dedicated to programs that mitigate the alleged social harm caused by various addictions, but sin tax money rarely gets spent for those purposes.
When the Jacobs brothers bought the Indians in 1986, they initiated scare tactics about the team leaving Cleveland, with the fear escalating to a staged event two days before the May 1990 vote on the sin tax.
8 because there is already an existing law increasing the tax by four percent in 2018," Dominguez said referring to Republic Act 10351, or the Sin Tax Reform Law of 2012.
12, the CTA Second Division said the Sin Tax Reform Law, or Republic Act (RA) No.