PA 581 Sin Taxes and Property Tax Breaks

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PA 581 Sin Taxes and Property Tax Breaks 
Sumptuary excise taxes are often called “sin taxes.” Why? Why are the…

 

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PA 581 Sin Taxes and Property Tax Breaks 

PA 581 Sin Taxes and Property Tax Breaks

 Discussions Week 5 All Students Posts 70 Pages

Sin Taxes – 36 Pages 

Sumptuary excise taxes are often called “sin taxes.” Why? Why are the sumptuary tax rates on the purchase of alcohol and tobacco products so exorbitantly high? Why not just ban the use of alcohol and tobacco altogether? Are sumptuary taxes regressive? What are the sumptuary tax rates on alcohol and tobacco products in your area? Also, states and localities around the country are faced with regulating and taxing marijuana use. Federal law prohibits using marijuana; however, some states and local governments are legalizing its use for medical purposes. Pick a state or local government that has this situation. What steps has it taken to regulate and tax marijuana? Is such a tax regressive?…

Property Tax Breaks – 34 Pages

City governments are notorious for giving property tax breaks to businesses of all types in order to induce these companies to locate in their jurisdictions. Tax increment financing is one of these lures, and there are others. Find a city, municipality, township, etc., that has or will be offering such an inducement. Describe the situation, and say whether you think these kinds of enticements are a good or a bad idea.  Also, for the local government and state you selected, report on the type of property tax relief that is available for disabled and elderly citizens….