According to a report by 24/7 Wall St., state governments collected more than $50 billion in “sin taxes” in 2011 from several products and activities including gambling, smoking, and alcohol ...
Sin taxes are state-sponsored taxes that are added to products generally deemed harmful, like liquor and tobacco. Advocates of sin taxes argue that they discourage people from partaking in harmful ...
The 2025/2026 budget announcement of a 10% increase in alcohol and cigarette duties elicited familiar concerns in the Senate this week. The substantial so-called “sin tax” was met with suggestions of ...
"Sin taxes" are mostly paid by those struggling the most economically, according to a new paper. Just 10% of households pay roughly 80% of the taxes on goods like alcohol, cigarettes, and soda. Many ...
The search for government revenue in fiscally tight times tempts legislators to raise revenue by imposing unusually high excise taxes on cigarettes, liquor, gambling, and so on. This type of charge, ...