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.

What is the purpose of a sin tax quizlet?

Terms in this set (5) SIN taxes. taxes added on to products or services that are seen as vices.

On what type of products do governments impose sin taxes quizlet?

Some states collect a sin tax on products like alcohol and tobacco.