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How Much Money Do 'Sin Taxes' Bring In? A Lot

How Much Money Do 'Sin Taxes' Bring In? A Lot

Billions.

Everyone has a vice. Some have many.

And like most things in life, the government has figured out a way to tax them. They’re called “sin taxes” and they’re big money makers for state and federal governments.

Indeed, sin taxes, which are levied on supposedly adult habits, such as smoking and drinking, brought in approximately $50 billion for states in 2011.

The following Infographic from the editors at Online Accounting Degrees helps breakdown the most popular – and profitable – sin taxes in America:

Click here for information in the chart’s data.

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Follow Becket Adams (@BecketAdams) on Twitter

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