Taxing Sin: A Win-Win for Everyone?
2 Pages Posted: 16 Oct 2010 Last revised: 18 Oct 2010
Date Written: October 16, 2010
In this article, the author reviews the history of taxing sin in the United States, showing that revenue needs usually triumph over sumptuary considerations. He suggests that this may lead to legalization of at least some illegal drugs so that they can be taxed, as recently proposed in California in the case of marijuana.
Keywords: Sin Taxes, Sumptuary Taxes, Prohibition, Cigarettes, Marijuana
JEL Classification: E62, H23, K34
Suggested Citation: Suggested Citation