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

Question

Quizplus · Accepted Answer

A sin tax is specifically designed to discourage the consumption of goods that are considered harmful or unhealthy, such as tobacco, alcohol, and sugary drinks. The goal is to reduce consumption and improve public health, while also generating revenue for the government.

Which of the Following Refers to a Tax Designed to Reduce