Term of the Day: Sin Tax

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	INVESTOPEDIA Term Of The Day July 25, 2015 Sin Tax A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. These type of taxes are levied by governments to discourage individuals from partaking in such activities without making the use of the products illegal. These taxes also provide a source of government revenue. How to Use It: Sin taxes are typically added to liquor, cigarettes and other non-luxury items. State governments favor sin taxes because they generate... Read More Related to "Sin Tax" Tax Tips For The Individual Investor As the old saying goes, there are only two certainties in life: death and taxes. While we have yet to find a way to successfully avoid either... Read More Excise Tax An excise tax is an indirect levy charged for the sale or use of a particular item. The tax is indirect because the merchant or manufacturer... Read More Best Ways to Roll Over Your 401(k) When you leave a job, you have to decide what to do with your 401(k). Your choices: Leave it where it is... Read More Recently Added Definitions Maquiladora A Spanish term for a factory located near the United States-Mexico border. Maquiladoras are a product of the... Read More Turnkey Property A fully renovated home or apartment building that an investor can purchase and immediately rent out. Turnkey properties are typically... Read More Related Definitions Sin Stock Tobacco Tax Indirect Tax Sales Tax Gas Guzzler Tax Past Terms of the Day Grandfathered Activities Touchline Himalayan Option Wrongful Termination Claim Escrow Agent You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: