Everything about Sin Tax

Sin Tax is a tax that is levied on goods and activities that are deemed as harmful for the individual as well as for the society at large.

The primary objective of sin tax is to make such goods unaffordable or too expensive for people. Some common items on which sin taxes are levied include cigarettes, alcohol, and in some cases unhealthy and junk food as well.

However, not everyone agrees with the concept of sin tax. Many believe that imposing sin tax on what the government thinks as harmful inhibits the freedom of individuals. Many have questioned the efficacy of sin tax as they don’t seem to work for addicts.

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