Which of the following refers to a tax designed to reduce the consumption of a specific good?
A) a control tax
B) a sin tax
C) a flat tax
D) a tax credit

Question

Quizplus · Accepted Answer

A sin tax refers to a tax on goods considered to be morally or socially harmful, such as tobacco, alcohol, or sugary drinks. The purpose of this tax is to reduce consumption of these products by making them more expensive, thereby improving public health and raising revenue for the government.

Which of the Following Refers to a Tax Designed to Reduce