What does sin tax mean?

Definitions for sin tax
sin tax

This dictionary definitions page includes all the possible meanings, example usage and translations of the word sin tax.


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Wikipedia

  1. Sin tax

    A sin tax is an excise tax specifically levied on certain goods deemed harmful to society and individuals, such as alcohol, tobacco, drugs, candies, soft drinks, fast foods, coffee, sugar, gambling, and pornography. 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 demand, 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 and taxing the physically and mentally dependent.

Wikidata

  1. Sin tax

    A sin tax is a kind of sumptuary tax: a tax specifically levied on certain generally socially proscribed goods and services, for example alcohol and tobacco, candies, soft drinks, fast foods, coffee, and gambling.

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Numerology

  1. Chaldean Numerology

    The numerical value of sin tax in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of sin tax in Pythagorean Numerology is: 6

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"sin tax." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/sin+tax>.

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