sin taxes Synonyms

Strongest:

a tax on substances or activities considered sinful or harmful (such as tobacco, alcohol, or gambling)

Sin taxes are imposed on products or activities deemed socially harmful, such as tobacco, alcohol, and gambling.
The primary purpose of sin taxes is not to generate revenue but to discourage consumption and promote public health.
By increasing the cost of these products, sin taxes make them less accessible and appealing to consumers.
Despite their deterrent effect, sin taxes can also be a significant source of government revenue.
Examples of sin taxes include excise taxes on cigarettes, alcohol, and sugary drinks.
Some argue that sin taxes are a regressive form of taxation, disproportionately impacting lower-income earners.
Sin taxes have been shown to reduce the incidence of smoking, alcohol-related liver disease, and obesity.
Critics contend that sin taxes are an infringement on personal freedom and do not effectively address underlying social issues.
The effectiveness of sin taxes in reducing consumption is a subject of ongoing debate among economists and health experts.
The use of sin taxes as a public health tool continues to be a controversial topic, with advocates arguing for their effectiveness and detractors questioning their fairness and efficacy.

a tax on substances or activities considered sinful or harmful (such as tobacco, alcohol, or gambling)

withholding taxes, property taxes, poll taxes, sales taxes, single taxes, hidden taxes,income taxes, tolls, levies, direct taxes

No antonyms found.

Sin taxes are imposed on products or activities deemed socially harmful, such as tobacco, alcohol, and gambling.

The primary purpose of sin taxes is not to generate revenue but to discourage consumption and promote public health.

By increasing the cost of these products, sin taxes make them less accessible and appealing to consumers.

Despite their deterrent effect, sin taxes can also be a significant source of government revenue.