​Sin Tax Definition and How It Works

A "sin tax" is an excise tax placed on certain goods at the time of purchase. The items subject to this tax are perceived to be either morally suspect, harmful, or costly to society. Examples of sin taxes include those on cigarettes, alcohol, gambling, and vaping.

Sin Tax: What It Is, How It Works And Examples

A sin tax is an excise tax specifically levied on certain goods deemed harmful to society and individuals.

Sin tax is a tax levied on a specific activity or good that is deemed harmful to individuals or society such as tobacco, alcohol,

Sin Tax Definition, Main Purpose & Examples

Sin tax as a Public Health Tool

Sin Tax: Definition, How It Works & Examples

Sin Taxes: Good, Better, Best

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0:00 Intro
0:21 What is Sin Tax?
0:50 Purpose of Sin Tax
2:08 Impact on Human Behavior
3:42 Criticism of Sin Tax
4:16 Other Related Videos
4:25 Like, Comment, Share & Follow

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Disclaimer:
This publication and the information included in it are not intended to serve as a substitute for consultation with a professional. Specific issues, concerns and conditions always require the advice of an appropriate professional advisor. The use of the contained information is at the user's own discretion.