Nothing’s certain but death and taxes. If you live in America, there are even taxes on the things that can kill you. If you drink or smoke, you’ve noticed the sin tax in your favorite vice’s shelf ...
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 ...
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, ...
"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 Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, introduced no change in sin taxes, higher taxes on products like alcohol, cigarettes and tobacco, which are levied so as to ...