sin tax (Meaning)
sin tax
a tax on substances or activities considered sinful or harmful (such as tobacco, alcohol, or gambling)
Synonyms & Antonyms of sin tax
Synonyms:
sin tax Sentence Examples
- The government imposed a sin tax on tobacco products to discourage smoking.
- The sin tax aims to reduce the consumption of harmful substances like alcohol and sugary drinks.
- Consumers should be informed about the health consequences of products subject to sin tax.
- Sin taxes generate revenue for governments, which can be used to fund healthcare and other public programs.
- The effectiveness of sin taxes in reducing consumption is a matter of ongoing debate.
- Some industries argue that sin taxes are unfair and penalize responsible consumers.
- Health advocates support sin taxes as a tool to promote public health.
- The design of sin taxes is crucial to ensure fairness and effectiveness.
- Evaluating the impact of sin taxes requires comprehensive data collection and analysis.
- Public education campaigns can help increase awareness about the rationale and benefits of sin taxes.
FAQs About the word sin tax
a tax on substances or activities considered sinful or harmful (such as tobacco, alcohol, or gambling)
hidden tax, sales tax, single tax,income tax, tax, value-added tax, withholding tax, property tax, poll tax, inheritance tax
No antonyms found.
The government imposed a sin tax on tobacco products to discourage smoking.
The sin tax aims to reduce the consumption of harmful substances like alcohol and sugary drinks.
Consumers should be informed about the health consequences of products subject to sin tax.
Sin taxes generate revenue for governments, which can be used to fund healthcare and other public programs.