Debate of the Week #3: Sin Taxes
I say this is pure crap. For example, unless this has been repealed, I hear New York is taxing cigarettes at the rate of $3 a pack in an attempt to reduce the number of smokers for public health reasons. Give me a break. If they don’t want people to smoke in their city all they need to do is pass a city ordinance banning smoking within city limits. Of course this would never pass, so the tax-happy liberals in city hall decide to boost taxes instead.
Example #2: Alcohol taxes do nothing but raise the price of alcohol. The theory is that the tax revenue will help the local community. The reality is that for every $1 raised in tax revenues $10 is spent on the secondary effects of drunkenness; from court fees for crimes committed under the influence of alcohol, enforcement of drunk driving laws, injuries, deaths, and so-on. At the current tax rate taxing alcohol is pretty pointless, and raising the taxes to be high enough to cover the expenses will just hurt businesses while creating a bunch of moon shiners and home stills that will evade the oppressive taxes.
Sin taxes are waste of time and resources.
What do you think?