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Definition of 'Sin Tax'
A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. These type of taxes are levied by governments to discourage individuals from partaking in such activities without making the use of the products illegal. These taxes also provide a source of government revenue.
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Investopedia explains 'Sin Tax'
Sin taxes are typically added to liquor, cigarettes and other non-luxury items. State governments favor sin taxes because they generate an enormous amount of revenue and are usually easily accepted by the general public because they are indirect taxes that only affect those who use the products. When individual states run deficits, the sin tax is typically one of the first taxes recommended by lawmakers to help fill the budget gap.
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Search results for 'Sin Tax'
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http://financialedge.investopedia.com/financial-edge/0410/Wall-Street-History-Howard-Hughes-Enron-And-Sin-Taxes.aspx
... 1, 2009, cigarette lovers saw a record increase in the federal tax from 39 ... offset
the cost of tobacco related health problems and, like all sin taxes, guide ...
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http://www.investopedia.com/articles/tax/10/history-taxes.asp
... (For up-to-date information about tax brackets and filing status, see the Tax
Foundation's Federal Income Tax Rate History.) "Sin" Taxes Because cigarette and ...
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http://www.investopedia.com/articles/pf/09/tax-free-savings-account-tfsa-canada.asp
... accounts that allow all investments within them to grow tax free. Any Canadian citizen
over the age of 18 with a Social Insurance Number (SIN) is eligible to ...
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http://stocks.investopedia.com/stock-analysis/2009/Cigarette-Makers-Burning-On-Or-Up-In-Smoke-MO-RAI-LO0723.aspx
... For more on sin stocks, see ... And Taxes Two things are certain in the world of tobacco:
People get addicted to the product and the government loves to tax tobacco ...
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http://www.investopedia.com/articles/05/021405.asp
... of any of those gains, but they do inherit the tax liability because ... avoid investing
in certain stocks or certain economic sectors (technology, sin stocks, etc ...
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http://financialedge.investopedia.com/financial-edge/0211/How-Being-Cheap-Will-Leave-You-Broke.aspx
... However, if your tax situation is at all complicated, or you're at all unsure ... Not
Saving Anything Another significant financial sin is neglecting to save at all ...
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http://www.investopedia.com/articles/stocks/08/industries-thrive-on-recession.asp
... Sin Stocks and Socially (Ir)responsible Mutual Funds.). Selected ... Pharmaceuticals,
healthcare companies, tax service companies, gravediggers, waste disposal ...
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http://www.investopedia.com/articles/stocks/08/industries-thrive-on-recession.asp?viewall=1
... Sin Stocks and Socially (Ir)responsible Mutual Funds.). Selected ... Pharmaceuticals,
healthcare companies, tax service companies, gravediggers, waste disposal ...
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http://stocks.investopedia.com/stock-analysis/2010/The-House-Does-Not-Always-Win-BYD-WYNN-MGM-PENN-LVS0818.aspx
... "Sin Stocks", as ... Adjusted earnings before interest tax and depreciations (EBITDA)
for the quarter from Las Vegas operations decreased by 13.7% while Macau ...
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http://www.investopedia.com/university/ethical-investing/ethical-investing4.asp
... Sin Stocks.) Government Interactions Any company that is large enough to be ... the
government to win special treatment via subsidies, tax loopholes, regulatory ...
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