Sin Tax Intro

Topics: Philippines, Tax, Nicotine Pages: 2 (437 words) Published: February 25, 2013
Today, many people are addicted to smoking. Addiction that will lead to a serious health problem that causes the death of many Filipino. This addiction is common to our country, because the price of cigarettes is very cheap and it is always available in the market. As an answer to the problem, the Philippine government pass a law called the “Sin Tax Bill”. The President said that this law was signed because they thought it serves as an early “Christmas gift” to millions of Filipino’s who will be discouraged from smoking and drinking. But is the Sin Tax Bill on tobacco will be beneficial or unprofitable? Sin Tax Bill aims to lower the number of consumers in terms of smoking and drinking. But what is Sin tax? Sin tax is a kind of sumptuary tax. A tax specifically levied on certain generally socially proscribed goods and services, for example alcohol and tobacco, candies, soft drinks, fast foods, coffee, and gambling. In Philippine situation, Sin tax bill is effective only on tobacco and alcohol. The government implemented this bill to discourage people from consuming tobacco and alcohol by putting large amount of tax on it. In that way, the government could decrease the number of consumer especially in tobacco and alcohol. Smoking is one of the main reasons in implementing this bill. The government find smoking as a problem specifically in health; in fact thousand of Filipino dies because of this certain addiction. So the government decided to pass this bill, because they thought, the tax collected from sin tax will benefit many health institution like hospitals. This bill also aims not only to stop people, but also it may help the medical needs of the people. Sin tax bill may refrain people from smoking. It means that not only the consumers will be affected, but also the producers of cigarettes, including businessman and also farmers. Farmers are the most affected in this situation. They are the...
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