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sin tax

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
'sin' tax
A popular term for any tax levied on 'pleasure poisons'–eg, alcohol, tobacco. See Alcohol, Smoking.


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Sin tax advocates should be honest enough to state which goal they wish to achieve – a reduction in the “sin” or an increase in revenue.
Bill Morrisette, D-Springfield, is one of four co-sponsors helping lead the charge to boost the state's sin tax on beer.
” Commissioners expressed frustration at the position they’ve been put in by the state, with no ability to change a financing structure supported by revenues from a depressed real estate market (although City Councilman Larry Seabrook spent several minutes proposing a 30 percent sin tax on alcohol and cigarettes to make up for the shortfall).
 
 
 
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