It's not exactly how bad-things taxes work, though. Sure, from a business point of view the nicotine tax is seen as "you're allowed to peddle it as long as the

It's not exactly how bad-things taxes work, though. Sure, from a business point of view the nicotine tax is seen as "you're allowed to peddle it as long as the government gets a cut of the loot" but from the consumer perspective, there is actually evidence that it reduces the inclination to make the transaction in the first place. This is not the case with banking penalties which are clearly only a net positive exchange for the banks.