![Sin tax Sin tax](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
Sin tax
A sin tax is an excise tax specifically levied on certain goods deemed harmful to society and individuals, such as alcohol, tobacco, drugs, candies, soft drinks, fast foods, coffee, sugar, gambling, and pornography
Sin taxes are designed to increase the price of goods and services in an effort to lower demand.
CATEGORIES Economics
TAGS Dr. Bbosa Science