Thom Michael - Taxing Sin - Paperback

Binding: Paperback
Description: Conventional wisdom dictates that those goods which are said to cause harm or impose costs on society deserve a special tax. For centuries governments have levied these "sin taxes" on alcohol and tobacco but the list of taxable sins has now grown to include soda and marijuana with calls to impose further taxes on plastic bags meat and even robots and carbon. Contrary to what experts and policymakers tell us many of these alleged sins impose very little if any cost on society and the harms that do exist can be minimized without resorting to tax. What follows in this book is a discussion of four case studies - on tobacco marijuana alcohol and soda - which make the case against the conventional wisdom in taxing these "sins" before concluding that when it comes to taxing sin it is time for governments to forgive - and forget.
Title: Taxing Sin
Author(s): Thom Michael
Publisher: Springer Nature Switzerland Ag
Barcode: 9783030491758
Pages: 186 Pages, 1 Illustrations, Black And White; Vii, 186 P. 1 Illus.
Publication Date: 12/1/2020
Category: Public Finance