Taxes: The New Gun Control?

High Taxes on Guns and Bullets: The New Gun Control? In recent years, some communities have sought to introduce so-called “sin taxes,” which are any taxes levied in a specific activity or good that is deemed to be “harmful” to an individual or society as a whole.

This could include gambling, tobacco, alcohol, drugs, fast food, soft drinks, and even candy. Such goods normally generate an attractive amount of revenue, which also is why many state or city governments tend to favor sin taxes as a revenue stream.

In addition, the general thinking is that such taxes will curb the use of goods/products or activities.