What are taxes on cigarettes called?

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Ryley Fadel asked a question: What are taxes on cigarettes called?
Asked By: Ryley Fadel
Date created: Thu, May 13, 2021 9:44 AM
Date updated: Sun, Jun 26, 2022 6:57 PM

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Top best answers to the question «What are taxes on cigarettes called»

A sin tax is an excise tax placed on certain goods at time of purchase. The items subject to this tax are perceived to be either morally suspect , harmful, or costly to society. Examples of sin taxes include those on cigarettes, alcohol, gambling, and even sugary drinks.

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