Sin taxes and government's investment in sin
We all agree on one level that "sin" taxes are a good thing, because we believe that these "sin" taxes are a deterrent to buying products that fall under these "sin" tax laws. Usually, smoking related products such as cigarettes, and alcohol are "sin" taxed. Of course, we all believe that people will think twice about buying such products because of these extra taxes on them.
I am not sure that this is indeed the case! From my experience, many of these "sin" users simply cut somewhere else in their budgets in order to keep purchasing their "sin" delights!
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