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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Politics

Tax rise is inexorable – Ranjith Siyabalapitiya

October 27, 2022
in News
Reading Time: 3 mins read
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Tax rise is inexorable – Ranjith Siyabalapitiya
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Ranjith Siyambalapiya, Minister of State for Finance, stated in a statement that there is no other option than to raise taxes in a situation when 4 million of the country’s 6.8 million people are requesting various subsidies.

According to the appropriate declaration, the people are also responsible for keeping the country’s destitute people alive.

The declaration also said that there is a big difference between what the government makes and what it spends, and that it can’t make more money because inflation is close to 100%, so taxes should be as high as possible.

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