Question

Benefits of sumptuary tax to the economy

Answer 1

Explanation:

The excise tax is applied to goods and services which are viewed by society as undesirable.  It is applied to tobacco, Alcohol, and legalized gambling activities. It is levied by the governments to discourage these services and purchases of goods because they are considered to be harming the society and individuals' bodies. Lawmakers also favor this tax as it generates huge revenue and its effect is only felt by those who are using the goods and services.