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Who’s behind taxing essential items instead of cigarettes?
The government is not adhering to a correct tax policy when it comes to the tobacco company, and as a result the country is losing revenue in taxes, Tamil National Alliance (TNA) MP Shanakiyan Rasamanickam said.
He expressed these views at a joint press conference held in Colombo for the first time with the Samagi Jana Balawegaya.
The MP pointed out that the tobacco company has earned Rs.40 billion in 2021 and Rs.50 billion in 2022.
However, he said the government is taxing the essential items used by the poor instead of taxing the tobacco company.
Officials in tobacco company’s pocket
Meanwhile, Opposition Leader Sajith Premadasa made a disclosure in this regard in Parliament and revealed that former finance minister Basil Rajapaksa cut the tax on Capstan cigarettes by 50%.
As a result, he said the country loses Rs.63 billion per year.
It was also revealed that some politicians and officials are in the pockets of tobacco companies.
