Which of the following taxes falls under the definition of excise or sin taxes?

Excise or sin taxes are specifically designed to target specific goods, services, or behaviors that are typically considered harmful to society or the individual, which is why they are often referred to as "sin taxes." The tax on tobacco products is a prime example of this type of taxation. It is levied at the point of sale and directly impacts the cost of products that pose health risks, making tobacco consumption more expensive.

In contrast, sales taxes apply broadly to a wide range of general goods and services, and while they might include some items considered less healthy (like sugary drinks), they are not limited to "sinful" products. Property tax is based on the value of owned real estate, unrelated to consumption behaviors, while income tax is levied on earnings and does not target specific behaviors or products. Thus, the tax on tobacco products aligns perfectly with the criteria defining excise or sin taxes, highlighting its primary role in regulating consumption and raising revenue to address public health concerns.