Philippines 'sin tax' introduced, dampens New Year fun
- Published: 2 Jan 2013 at 09.46
- Online news: Asia
A "sin tax" on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines, as part of a government bid to boost finances.
Pedestrians walk past a store selling alcoholic beverages at a mall in Manila on January 1, 2013. A "sin tax" on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines on January 1, as part of a government bid to boost finances.
Many stores started selling tobacco and drink at inflated prices before midnight, ahead of the official implementation of the tax hikes on January 1, hitting partygoers in the pocket.
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