sin tax

sin tax
: a tax on substances or activities traditionally considered sinful (as tobacco, liquor, or gambling)

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a tax levied on cigarettes, liquor, gambling, or other things considered neither luxuries nor necessities.

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sin tax noun (informal)
A tax levied on items such as cigarettes and alcohol
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Main Entry:sin

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sin tax,
U.S. Informal. a tax on alcoholic liquor, cigarettes, sweepstakes tickets, and the like.

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n. informal a tax on items considered undesirable or harmful, such as alcohol or tobacco

Useful english dictionary. 2012.

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Look at other dictionaries:

  • Sin tax — is a euphemism for a tax specifically levied on certain generally socially proscribed goods usually alcohol and tobacco. Sin taxes are often enacted for special projects American cities and counties have used them to pay for stadiums when… …   Wikipedia

  • sin tax — ➔ tax1 * * * sin tax UK US noun [C, usually singular] INFORMAL TAX ► a tax charged on particular things or activities that are seen as bad and unnecessary, such as cigarettes, alcohol, or gambling: »Cleveland has used a sin tax to build stadiums… …   Financial and business terms

  • sin tax — sin′ tax n. ecn bus inf a tax levied on items, as cigarettes or liquor, considered neither luxuries nor necessities • Etymology: 1960–65 …   From formal English to slang

  • sin tax — n. a tax on a product or activity, esp. liquor, tobacco, or gambling, customarily regarded as sinful or harmful …   English World dictionary

  • Sin Tax — A state sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. These type of taxes are levied by governments to discourage individuals from partaking in such activities without making… …   Investment dictionary

  • sin tax — noun Date: 1964 a tax on substances or activities considered sinful or harmful (as tobacco, alcohol, or gambling) …   New Collegiate Dictionary

  • sin tax — Informal. a tax levied on cigarettes, liquor, gambling, or other things considered neither luxuries nor necessities. [1970 75] * * * …   Universalium

  • sin tax —  Taxes on cigarettes and alcohol. The Clinton administration wanted to pay for expanded healthcare coverage through increases in sin taxes …   American business jargon

  • (a) sin tax — American, informal a tax on things that are bad for you, like cigarettes and alcohol. Politicians like a sin tax as it brings in lots of revenue and not too many complaints. (not used with the) …   New idioms dictionary

  • Tax shift — or Tax swap is a change in taxation that eliminates or reduces one or several taxes and establishes or increases others while keeping the overall revenue the same. [cite web url = title = Will… …   Wikipedia

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