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The Balance: Sin Tax: Definition, Their Pros and Cons, and Whether They Work

Curated by ACT

Both the federal government and many state governments impose "sin taxes" that tax items and activities which are considered socially harmful. This article explains these taxes and shows how much states and the federal government raise through these taxes. It also offers pros and cons for these taxes.

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the balance: sin tax: definition, their pros and cons, and whether they work, excise tax, federal sin tax, flat tax, sin tax, state sin tax
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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)