The reality is that while taxes on cigarettes, like other sin taxes, might have a social goal, they have a significant side effect: revenue.
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Cigarette taxes, like other sin taxes, are by their nature, regressive.
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His call to reopen the fiscal pact looks like a licence for fiscal sin.
Investors have gained 2.5 percentage point more per year investing in sin stocks, like Harrah's Entertainment and Diageo (responsible for spirits ranging from Guinness to Smirnoff), than in companies of comparable size in other sectors, according to Harrison Hong and Marcin Kacperczyk, writing in the Journal of Financial Economics.
When they lost Nieto to the sin bin it looked like it might prove crucial.
But should these sin taxes really operate like a get-out-of-jail-free card, enabling you to drink and smoke as much as you choose?
Among the sport's fashion police, the only sin worse than looking nothing like Armstrong is looking too much like him, particularly in the shoe department.
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Sin taxes are really excise taxes, like those on alcohol, cigarettes and candy.
He felt like he knew now why it was a true sin and not just a leftover rule from past society.
All Hindus believe that a dip in holy waters washes away sin and many from across the country travel to pilgrim towns like Haridwar and Pushkar to take the holy dip.
The evening felt, rather, like a kind of ironic punishment, a comic book-style retribution for a sin I must have committed and deeply suppressed long ago.
These waivers allow recidivist firms like JPMorgan Chase, which has settled six fraud cases in the last 13 years, to sin again and again.
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