91.0k views
5 votes
Give to reasons why do you think Sin/excise tax is so high​

User Glen Selle
by
4.9k points

1 Answer

6 votes
Sin taxes are typically added to liquor, cigarettes, and goods that are considered morally hazardous. Because they generate enormous revenue, state governments favor sin taxes. ... The sin tax seeks to reduce or eliminate consumption of harmful products by making them more expensive to obtain.
User Saud Qureshi
by
5.9k points