Math, asked by angienoe, 2 months ago

why is sin tax so high​

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Answered by srishti23dz
1

Answer:

'Sin’ taxes are imposed to discourage consumers from using goods or services that are seen as undesirable or detrimental to society. Sin Taxes are intended to serve two objectives. One, to make the undesirable goods so expensive that rational consumers would be forced to give up the habit. Two, to make the industry producing these products pay higher tax, which can be used to fund other welfare expenditure.

Answered by ugrasen4930
0

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