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Sin taxes are usually state-imposed taxes on products that are considered unhealthy, not necessary for basic needs, or morally questionable like alcohol, tobacco, marijuana, gambling,
Sin taxes are usually state-imposed taxes on products that are considered unhealthy, not necessary for basic needs, or morally questionable like alcohol, tobacco, marijuana, gambling, high-sugar drinks and fast food. Because these goods can be addictive, the demand for them are highly inelastic. Do sin taxes help fix the problem or punish addiction? (Minimum 150 words)
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