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- 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.
We couldn't find any anagrams for the word sin tax.
Maybe you were looking for one of these terms?
simultaneity, simultaneous, simultaneously, simultaneousness, sin, sina, sinae, sinaean, sinaic, sinaite
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"sin tax." Anagrams.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.anagrams.net/sin%20tax>.
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