Sin Taxes on Alcohol and Tobacco
Personal Finance Infographics

Sin Taxes: Taxing Your Vices

A sin tax is a state-imposed tax specifically added on products considered as unnecessary and unhealthy to society. The growing number of taxable “sins” impose by the government includes alcohol and tobacco, soft drinks, fast foods, coffee, drugs and activities like gambling. Know more about what sin taxes are as well as the interesting statistics it create. See also Death and Taxes 2015 and What Happens To Your Tax Return Once You File It.

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Sin Taxes on Alcohol and Tobacco Infographic

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  • Freddy Reich

    No matter what your view on the paternalism of alcohol and cigarette taxes, IMO they have contributed(directly or indirectly) to the decline in drinking and smoking. and probably helpful at discouraging young adults on spending on stuffs like these.

Last Updated:

25/04/2017