October 12, 2005
Sin tax or syn-tax?
"A shrewd strategy aimed at promoting growth and business while improving the quality of life of the people - that's the thrust of Datuk Seri Abdullah Ahmad Badawi's 2006 Budget"I do not feel ecstatic about the goodies and incentives of this budget as it doesn't benefits me much but the increase in tax on booze and fag by 9% and 13% respectively is expected. Some smoker dudes retorted that they will not compromise their nicotine-craze but rather spend less in other areas. Similarly, a minister expressed his concern over the dip in sales of malay dailies after budget announcement.
How much and to what extent the annual increment in sin tax could affect the syntax of these hardcore kamikaze smokers?