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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

sin tax

n
(Government, Politics & Diplomacy) informal a tax levied on something that is considered morally or medically harmful, such as alcohol or tobacco
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

sin′ tax`


n.
a tax levied on items, as cigarettes or liquor, considered neither luxuries nor necessities.
[1960–65]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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'So my position is, the burden of proof is with those who do not want sin taxes or who do not want an increase in sin tax.
House approves bill raising sin taxes !-- -- (Philstar.com) - August 20, 2019 - 8:27pm MANILA, Philippines The House of Representatives on Tuesday approved on third and final reading a bill increasing the taxes on alcohol, e-cigarette and vapor products.
Chua said DOF is supporting the increase of sin taxes for alcoholic beverages from it current rate of P25 to P28 per litter to P40 per litter.
If Johnson is serious about basing tax policy on clear evidence, fans of freedom should be relatively optimistic that sin taxes will be on pause indefinitely.
Critics of the tax have complained about its re- gressive nature, however research on sin taxes has proven that any regressive impacts of the tax are off- set by the economic health benefits of the taxation to lower income groups.
"As I have repeatedly stressed in the past, sin taxes have been crucial and very important in funding health programs of the government," Angara said.
It has been suggested several times in the past that sin taxes be imposed on products that cause health-related issues as a result of which the state pays heavy penalties in the shape of healthcare spending and lowered human productivity.
If the politicians would stop misusing our tax money and get rid of the graft, we would have a rich state, lower taxes and no need for sin taxes.
'Earmarking sin taxes for health expenditure can also insulate health spending from fluctuation and competition from other national needs, particularly when government or healthcare funds are low or unstable,' said Galen Centre.
That's according to a July report from the Pew Charitable Trusts, which took a nationwide look at so-called sin taxes taxes on lifestyle-related commodities such as alcohol, tobacco, gambling, marijuana, sports betting and e-cigarettes.
States and local governments frequently relied on short-term revenue and expenditure strategies--including so called sin taxes (e.g.
Experts want Chancellor George Osborne to cut "sin taxes" by 50 per cent to help millions of families fight the cost of living crisis.