Explain the purpose of a sin tax and it's function as governmental restriction on the use of individual property

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Boo Boo

3 January, 06:45

Explain the purpose of a sin tax and it's function as governmental restriction on the use of individual property

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Teagan Franklin · Answer 1

A sin tax is a relatively high tax designed to raise revenue while reducing consumption of a socially undesirable product. The purpose of this tax is to discourage harmful behavior.