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View definitions for sin tax

sin tax

noun as in luxury tax

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Example Sentences

“There’s not a general income tax, not a corporate tax. This is, from my perspective, more of a sin tax…. The cost borne by the taxpayers for gun violence is off the charts.… So it’s a small price to pay. This is pretty de minimis.”

California voters eked out a win for children more than two decades ago based on a “sin tax.”

Department of Revenue statistics show cannabis has become a larger source of state revenue than alcohol and tobacco as sources of “sin tax” revenue over the past five years, raising more than $2 billion for the state even before local sales taxes are calculated.

Japanese officials, worried about shifting demographics and a sharp decline in sin tax revenue, have come up with an unusual fix for their fiscal woes: encouraging young people to drink more.

A few years ago, there was talk of a "sin tax" which would raise prices of unhealthy foods and drinks to discourage their consumption, but health experts say it never happened because of pushback from companies that market them.

From BBC

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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