sin tax


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sin tax

A tax on items considered harmful and non-essential, such as cigarettes and alcohol. Primarily heard in US. I hope you're prepared to pay a sin tax on those cigarettes.
See also: sin, tax
References in periodicals archive ?
For many, it was a luxury as it was quite cheap but sin tax has forced even them to opt for water when thirsty.
While Johnson is willing to defend our sugary drinks and milky ice cream, he has stopped short of rolling back the original sin taxes on alcohol and tobacco.
According the summary the NHSRC had requested that the sin tax at the rate of Rs10 per pack of 20 cigarette sticks and Rs1 per bottle of 250ml (40 paisa per 100ml) on sugary drinks may be imposed for financing of Health Insurance Scheme, Fatal Disease programme, and other NCDs Control Programme.' The ECC will take up the summary in its upcoming meeting.
It was Drilon who championed the sin tax reform law in 2012 that resulted in higher revenues for health programs and successfully decreased the prevalence of smoking incidence particularly among the youth.
Tobacco products have a relatively inelastic demand, and a sin tax must be large enough to impact consumption.
FBR Member Hamid Ateq said: 'A sin tax would eventually lead to rise in smuggling, and growth in the sale of cheap non-tax paying cigarette sector in the country.' He claimed higher taxes would lead to a decline in sales of legitimate cigarettes and eventually a fall in tax collection.
According to sources, a 'health levy draft bill' was formulated to impose 'sin tax' on cigarettes and sugar-sweetened beverages so as to raise money for health insurance scheme and fatal disease programme in line with the vision of Prime Minister Imran Khan.
Sources in the Ministry of National Health Services revealed that the FBR was against the imposition of Rs10 sin tax on cigarette packets as it believed the tax would cause a negative impact on those market players who have been paying heavy taxes regularly.
ISLAMABAD -- Federal Board of Revenue (FBR) has opposed imposition of sin tax on cigarettes.
Most of the people Qatar Tribune spoke to welcomed the move saying it will be helpful in curbing bad habits, some expressed their reservations over the sin tax. "This decision will help people to get rid of bad and unhealthy habits such as smoking.
PESHAWAR -- Tobacco farmers from different regions of Khyber-Pakhtunkhwa have criticised the proposed sin tax on tobacco and threatened to protest across the province, if government implements this levy which they called controversial and insulting.
Summary: Islamabad [Pakistan], Dec 5 (ANI): Pakistan may soon impose a 'sin tax' on sugary drinks and cigarettes, said the country's Minister for National Health Services (NHS) Aamer Mehmood Kiani.
A summary of imposing a 'sin tax' on cigarettes and beverages has been sent to the Economic Coordination Committee (ECC) in order to discourage the unhealthy activities like cigarette smoking, cold drinks and artificial flavor candies.
The Galen Centre for Health and Social Policy said as a pilot programme, the minimum annual collection of RM290 million (based on 2017 sin tax revenue figures from tobacco and alcohol) should go towards health promotion and treatment for non-communicable diseases (NCDs), specifically diabetes and cancer.
As the country waits for a Senate version of a bill institutionalizing the Department of Health's Universal Health Care (UHC) program, an official said there is also a need to pass the second edition of the Sin Tax Law.