Posts Tagged ‘sin taxes’

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    A First For Denmark

    Oct 4, 11 • 104 Views • Behavioral Economics, Demand, Supply, and Markets, Economic Debates, Government, Thinking EconomicallyNo Comments

    Denmark just became the first country in the world to have a fat food tax. That means butter, milk, pizza, any food with more than 2.3% saturated fat content is more expensive. To be precise, for every 2.2 pounds (one kilogram), the tax is $2.90 (16 kroner)....

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    No Longer a Sin?

    Mar 28, 10 • 109 Views • Economic Thinkers, GovernmentNo Comments

    Pondering health care reform, I began to wonder whether sin taxes would become Pigovian taxes. A sin tax focuses on the impact of a behavior on an individual. Levied on something that society believes is “bad” for a person, a sin tax...