The Sin Tax

From the Wall Street Journal:

States across the country are turning again to the wages of sin to help plug budget holes even as the payouts from such levies on vice dwindle.

Many states have enjoyed an oversized boost in recent years from so-called sin taxes on cigarettes and gambling—among other vices—but the benefit to state coffers has increasingly been fading. Tobacco tax revenue across the 50 states has declined, while growing gambling competition has eaten into states’ take.

In response, some states are seeking out new vices to tax, from vaping to sports betting to marijuana, while many more are doubling down on what they already tax.

 

 

To keep money flowing right in

the state need not focus on sin.

Instead make the motto

“Let’s play some Lotto!”

(Cuz ev’ryone thinks they will win.)

 

van gogh

 

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