Investor Glossary-sin taxInvestor Glossary-sin taxInvestor Glossary-sin taxInvestor Glossary-sin taxInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Sin Tax

The HTML to link to this page
 

Sin tax is a term that identifies a tax levied on certain items deemed to be a vice. By levying a sin tax, governments can discourage the use of such products without making them illegal. A sin tax is usually imposed on items or practices that the government would like to discourage for purposes of overall morality and health of the populace. Gambling, tobacco products, and alcohol are popular targets of the sin tax. A least traditional target of the sin tax has been the soda and sweetened beverage industry.

The sin tax can also become a large source of revenue for the government that charges it. Critics of the sin tax cite this as a potential moral hazard for legislators who can end up with a conflicting agenda of wanting to discourage certain practices while at the same time also hoping to generate revenue through the participation in those same practices.



Rate this sin tax definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: implied volatility, EBITDA, minority interest, VIX, class C shares, 1035 exchange, real GDP, 401a, labor relations, per diem, required rate of return, reverse mortgage, stock market close, inflation, LIBOR, margin rate, 144a, debt service coverage, diluted share, in escrow, dividends payable, retained earnings, option premium, Key Rate Duration, quality assurance, FTSE, liquidity ratio, irrevocable trust, command economy, deferred revenue, wholly-owned subsidiary, cancelled check, covered put, average price per share, APR, Zero Cost Collar, 1031 exchange, current ratio, FICO score, balance sheet, annual return, stock split, deferred tax, ex-dividend date, phantom income, ex-dividend, open position, risk management, limit order


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use