How to reduce taxes: JO accepts PM’s challenge

12 June 2018 04:45 pm - 8     - {{hitsCtrl.values.hits}}

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The joint opposition (JO) today accepted Prime Minister Ranil Wickremesinghe's challenge to former President Mahinda Rajapaksa to explain how he would reduce taxes by 20 per cent if he comes to power.

JO MP Bandula Gunawardana said they would accept the challenge on behalf of Mr. Rajapaksa.

“Prime Minister Ranil Wickremesinghe continues to mislead the people by saying that Rajapaksa era loans had resulted in economic hardships. To cover up their inefficiency, the UNP-led government is resorting to their famous Goebbel's Theory and blaming others,” he told a news briefing.

Rejecting reports that loans incurred during the Rajapaksa era had crippled the country's economy, the MP said the Rajapaksa government was able to gradually increase the surplus income, even after loan repayments.

Meanwhile, the MP said the amount of state loans was Rs.2 trillion when the Rajapaksa government came to power and it increased to Rs.7 trillion within ten years. “However, this government had obtained loans worth Rs.4 trillion within four years,” he said. (Lahiru Pothmulla)

 

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  Comments - 8

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  • ANTON Tuesday, 12 June 2018 04:54 PM

    SIMPLE FOUR WORD ARGUMENT ............." DO LIKE I DID"

    nazeer Tuesday, 12 June 2018 04:59 PM

    It is true, Present PM is only talking but doing nothing for the people, only more resuffles

    Sarath Tuesday, 12 June 2018 07:42 PM

    Obviously this govt has to take more loans to repay the loans MR govt took!

    Paddy Tuesday, 12 June 2018 11:04 PM

    The surest way to reduce taxes would be for the PM to do the Mahathir. Bring back all the black and laundered money. Seize the ill gotten assets both here and abroad. These were promises given to us three years ago. We, the long suffering masses, will not be paying taxes then.

    haniff Tuesday, 12 June 2018 11:07 PM

    Hahaha The tuition master said can live 2500 per month so the bulldog face can do

    Kumar Tuesday, 12 June 2018 11:10 PM

    Only way to reduce Tax is to pawn the future generations and borrow money at a higher interest. Too much pilfering going on even to make a dent in the slide to disaster. Highest offer gets the support in the parliament for the rulers just to survive. Patriotism non-existent in the parliament.

    Nalin Wednesday, 13 June 2018 04:23 PM

    It is simple. Reduce the excessive estimates in the budget and the expenses will reduce. Also get rid of the large number of over age Consultants and Employees in Government Organisations.

    TONY Wednesday, 13 June 2018 04:57 PM

    WHAT THE PM ASKED MR TO EXPLAIN WAS NOT HOW TO REDUCE TAXES BY 20%, BUT HOW TO GENERATE REVENUE TO REPAY LOANS WITHOUT TAXING????


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