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Question 7
A sin tax is?
1 pts
O a tax that takes a larger share of income as income increases; the federal
income tax is progressive
an excise tax placed on certain goods or services to discourage their
consumption; examples include excise taxes on alcohol, cigarettes, and
gambling
O a tax that takes a smaller share of income as income increases; a sales tax
is generally regressive
a state tax used to assist workers who lose their jobs



Answer :

GinnyAnswer

Final answer:

A sin tax is an excise tax placed on specific goods to discourage their consumption, known for being regressive.


Explanation:

Sin tax is an excise tax placed on specific goods or services to discourage their consumption, such as alcohol, cigarettes, and gambling. It is considered regressive as lower-income families bear a larger burden due to spending more of their income on these taxed items.


Learn more about Sin taxes and excise taxes here:

https://brainly.com/question/42992742


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