explain economic rationale behind heavy taxes on alcohol and tobacco in Lesotho
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The economic rationale behind heavy taxes on alcohol and tobacco in Lesotho is following - The sumptuary taxes can be implemented for mitigating the use of tobacco and alcohol, vehicles emitting the excessive pollutants and gambling.
The Sumptuary tax is charged on soft drinks or sugar is also suggested. Some jurisdictions levied taxes on the recreational drugs i.e. marijuana. Various American cities have utilized the funds from the sin taxes for expanding infrastructure.
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