sin tax


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'sin' tax

A popular term for any tax levied on 'pleasure poisons'–eg, alcohol, tobacco. See Alcohol, Smoking.
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Speaking with reporters after her panel's hearing on the proposed sin tax increase on Thursday, Senator Pia Cayetano maintained her support for the vision of the administration.
The introduction of sin tax has come as a wake-up call.
House approves bill raising sin taxes !-- -- (Philstar.com) - August 20, 2019 - 8:27pm MANILA, Philippines The House of Representatives on Tuesday approved on third and final reading a bill increasing the taxes on alcohol, e-cigarette and vapor products.
Another sin tax reform being planned by the administration for the 18th Congress is for electronic-cigarettes and vapes, which is now becoming a popular substitute of smokers for cigarettes.
If Johnson is serious about basing tax policy on clear evidence, fans of freedom should be relatively optimistic that sin taxes will be on pause indefinitely.
It is pertinent to mention here that last year the Ministry of National Health Services, Regulation and Coordination (NHSRC) had moved a summary to the Economic Coordination Committee (ECC) for the imposition of Rs10 sin tax (now health Tax) on cigarettes per packet and Rs1 on bottle of sugary beverages.
"I would propose that the increases in the excise tax on tobacco as a result of the sin tax that we are working on now should be devoted solely to the universal health program and benefit the entire country," said Drilon, who expressed full support to the measure.
"It would be a massive opportunity lost if the legislature fails to pass this new sin tax reform law within this Congress as it would be back to square one for the measure when a new Congress opens in July," he said.
Since the announce- ment of a sin tax in Paki- stan, various news reports have detailed the tax to be Rs.
In The Federal Health Levy Bill presented to the cabinet for approval, the Ministry of NHS has also suggested a 'sin tax' on cigarettes, on the grounds that cigarettes cause some 108,800 fatalities every year in Pakistan - 298 deaths per day.
Summary: The 'selective tax' -- or sin tax, will be enforced in 90-days time
The federal cabinet on Thursday rejected a proposal to impose Sin Tax on consumption of tobacco and beverages due to legal and administrative hitches in enforcement of the levy.