Taxing socially inappropriate products
- Applying harmfulness tax
Description
Taxing socially inappropriate products involves imposing targeted taxes on goods and services deemed harmful to public health, safety, or social welfare—such as tobacco, alcohol, sugary drinks, or environmentally damaging items. This strategy aims to discourage consumption, reduce associated societal costs, and generate revenue for public health initiatives or remediation efforts. By increasing the financial burden on these products, it incentivizes healthier or more responsible choices and helps address specific negative externalities.
Broader
Narrower
Facilitates
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
- Action » Application
- Society » Social
- Commerce » Taxation
- Industry » Products
Content quality
Yet to rate
Language
English
1A4N
V6523
DOCID
13265230
D7NID
197215
Editing link
Official link
Last update
Dec 3, 2024