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Why did the government increase the rate of sin taxes 2024?
sin tax
tax taxes
Questioner:Julian Butler 2023-05-07 23:59:14
The most authoritative answer in 2024
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Oliver Patel——Works at the International Monetary Fund, Lives in Washington, D.C., USA.
A
sin tax is a state-sponsored
tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. These types of
taxes are levied by
governments to discourage individuals from partaking in such activities without making the use of the products illegal.
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