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sin tax
economics
Learn about this topic in these articles:
regressive tax
- In regressive tax
These are often called “sin taxes.”
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sales tax
- In sales tax
Others, sometimes called “sin taxes,” may be intended to discourage consumption (e.g., of alcohol and tobacco) that may be injurious to the consumer or to society. The tax rates applied to commodities often vary based on whether the commodity is considered essential or nonessential. Although taxes on nonessential…
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