Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Sunday, Jun 23, 2024

Over 500 newspaper vendors against adding tobacco tax

Over 500 newspaper vendors against adding tobacco tax

A local newspaper vendor group said on Tuesday that it has collected over 500 newsstand owners' signatures against the government raising the tobacco duty, saying it would not help reduce smoking rates at the expense of the vendors' interests.
''The pandemic in the past three years has made a strike to newspapers stalls in Hong Kong and reduced its number from 380 to 350,'' said the chairperson of the Coalition of Hong Kong Newspaper and Magazine Merchants Ma Dung-ngan, ''it will definitely be the last straw if their income from selling tobaccos would further fall due to the increased tax.''

Moreover, Ma added, increasing the tax will only push customers to the market of illicit cigarettes rather than reducing the number of smokers.

''Around 20 percent of cigarette consumers convert to buy illicit tobaccos,'' said Lee Wing-pak, summoner of the Coalition, ''consumers in the economic recession stage are more sensitive to price, let alone a high price with increased tax. ''

According to Hong Kong Customs, over 751 million illicit cigarettes with a market value of HK$2.1 billion, as well as a dutiable value of around HK$1.4 billion, were seized by the enforcement last year, marking an increase of 76 percent over 2021.

''It will not only harm the newspaper merchants' operating status, undermine the tax revenue of the government, but also not be beneficial to reducing the smoking population,'' said Lam Cheung-fu, president of the Hong Kong Newspaper Vendors Association.

In his Policy Address issued in October last year, Chief Executive John Lee Ka-chiu announced that the government was aiming to reduce the smoking prevalence in Hong Kong to 7.8 percent by 2025, which means the smoking population will drop by 100,000.

Hong Kong Council on Smoking and Health, the city's statutory body related to issues on smoking and tobacco, raised a proposal last year to advocate a tobacco tax increase of 100 percent increase.

''Rising tobacco tax is the single most effective measure to reduce tobacco use,'' said the council, ''however, Hong Kong has seen the tax frozen for eight continuous years.''
Newsletter

Related Articles

Hong Kong News
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
×