It's a sin

In my column for City AM, I wrote about a shocking statistic about sin taxes...

According to an economic study published last month, 90 per cent of all “sin taxes” on tobacco, alcohol and soft drinks in the US are paid by just 20 per cent of households. Eighty per cent of the taxes are paid by just ten per cent of households. This tax burden tends to fall disproportionately on low income households.

Do have a read.

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