Mixed reactions to Finance Ministry’s cigarette tax hike proposal

The Finance Ministry’s plan to seek the Cabinet’s approval on a new rise in excise taxes that will result in the retail prices of cigarette being raised by 2 baht per pack has drawn mixed reactions.

The ministry aims to gain about 3 billion baht more in additional tax revenues per year from the proposed hike in cigarette taxes for use to fund the country’s universal coverage (UC) health care scheme, better known as the 30 baht scheme.

And as soon as the media began reporting about the proposed cigarette tax hike earlier this week, some critics expressed concerns over a negative impact of the tax rise on the tobacco growers.

Full story: thaipbsworld.com

By Thai PBS World

Leave a Reply

Your email address will not be published. Required fields are marked *

george


Thailand News delivers the latest updates and in-depth coverage on all things Thailand. We offer a wide array of topics, including breaking news, politics, tourism, business, culture, lifestyle, and entertainment. Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.