The SIN Tax took effect at the beginning of the year, January 01, 2013. For those of you who doesn’t have an idea what Sin Tax is, here’s a short description.
Sin Tax is a sumptuary tax specifically levied on certain generally socially proscribed goods and services, for example alcohol and tobacco, candies, soft drinks, fast foods, coffee, and gambling.
Sumptuary taxes are ostensibly used for reducing transactions involving something that society considers undesirable like smoking. So a sin tax is added to make it more expensive so people would limit their consumption. So what used to be cheap bundle cigars are now a bit expensive having 20% or more added to its cost.
I’m not affected by the Sin Tax at all because I don’t smoke and I rarely drink. I could imagine my cousin Rome and peanutbutter♥ being affected by it, as well as my FIL and my aunt.
But if it includes coffee, then I’m most certainly affected….
One Response
ay naku if they would include coffee, marami ang mag ra rally! hahaha