Effects of Sin Tax Law to Selected Bar Establishments in Dumaguete City
Thesis: Although the sin tax law helps the country’s economy by raising the governments collected revenue which accounts for public use, it also results bar owners to eventually lay off workers to the extent of closing their business due to higher tax collection and sudden reduction of consumers.
Introduction
I. Sin Tax
A. Definition
B. History II. Effects of sin tax in the Economy
A. Decrease consumers consumption
B. Product’s price increase
C. Less product supply
III. Decrease consumption and increases tax revenue
A. Discouraging harmful behaviours
B. Provides additional tax
C. More Expense for National Health
IV. Interview with the selected Bar Establishments in Dumaguete City
Conclusion
Sentence Outline
Effects of Sin Tax Law to Selected Bar Establishments in Dumaguete City
THESIS: Although the sin tax law helps the country’s economy by raising the governments collected revenue which accounts for public use, it also results bar owners to eventually lay off workers to the extent of closing their business due to higher tax collection and sudden reduction of consumers.
Introduction: This sin tax are increasing on a certain goods and services such as alcohol, tobacco and gambling. These types of taxes are levied by the governments to discourage individuals from partaking the vices without making use of the product as illegal and that which also provide a source of government revenue. Although the sin tax law helps the country’s economy by raising the governments collected revenue which accounts for public use, it also results bar owners to eventually lay off workers to the extent of closing their business due to higher tax collection and sudden reduction of consumers. I. Sin tax is an excise tax imposed on selective products such as liquor and cigarettes. A. It is to raise revenue for tight government