Sin Tax
A "sin tax" is a type of tax imposed on goods and activities that are considered harmful or undesirable, such as tobacco, alcohol, and sugary drinks. The primary purpose of this tax is to discourage consumption of these products, thereby promoting public health and reducing related social costs.
Governments often use the revenue generated from sin taxes to fund health programs and initiatives aimed at mitigating the negative effects associated with these products. By increasing the price of harmful items, sin taxes aim to influence consumer behavior and reduce overall consumption.