Sotto, Joanne Shimie Keith M., Juaman, Ashley J., Ignacio, Krizza Louise M., Canilao, Allexandra D., Yumul, Yemi M., Zaguirre, Fricilla Andrea F. 4 0
The effectiveness of sin tax in reducing the consumption of smoke in the City of Manila: Basis for legislative tax reforms 6 6 - - - 102 pages - - - - - . - . - 0 . - . - 0 .
Undergraduate Thesis: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2023
5
ABSTRACT: The Philippines has some of the cheapest cigarette prices in the world. This issue is primarily the result of a stratified tax structure that imposes low taxes on inexpensive brands, which was made worse in 1996 by the price categorization moratorium that affected numerous brands and taxed them based on their prices. Filipinos use tobacco, electronic cigarettes, and alcohol products for various emotions, making it easy for them to consume and spend. Currently, tobacco is a widespread global product, with the Philippines being one of the highest consumers in Asia. And as a result, the tobacco business has been booming, making it the top income earner in the country. This paper aimed to measure the effectiveness of the sin tax in reducing the consumption of smokers in the City of Manila. The Sin Tax Reform Law of 2012 was enacted to help finance the Universal Health Care program and to address the smoking and alcohol problem in the Philippines. It imposed higher taxes on tobacco, e-cigarettes, and alcohol products, leading to higher prices. The goal is to prevent smoking and drinking initiation and promote cessation. Debates between tobacco companies, health authorities, and policy-making bodies have been ongoing. The researchers conducted a survey and asked people about their smoking habits to gather evidence. Based on the responses, they found that the sin tax is ineffective in reducing the consumption of smokers in the City of Manila. It is supported by the results that consumption before and after the implementation of the sin tax reform law has not significantly decreased. These concerns are particularly evident in the price elasticity of demand, as it also shows that the price of products does not change the consumer behavior of smokers regardless of their income level. KEYWORDS: Sin Tax, Effectiveness, Tobacco, Consumption, Consumer Behavior, Smokers, Price, Income Level, Sin Tax Reform Law
5
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/ 2
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The effectiveness of sin tax in reducing the consumption of smoke in the City of Manila: Basis for legislative tax reforms 6 6 - - - 102 pages - - - - - . - . - 0 . - . - 0 .
Undergraduate Thesis: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2023
5
ABSTRACT: The Philippines has some of the cheapest cigarette prices in the world. This issue is primarily the result of a stratified tax structure that imposes low taxes on inexpensive brands, which was made worse in 1996 by the price categorization moratorium that affected numerous brands and taxed them based on their prices. Filipinos use tobacco, electronic cigarettes, and alcohol products for various emotions, making it easy for them to consume and spend. Currently, tobacco is a widespread global product, with the Philippines being one of the highest consumers in Asia. And as a result, the tobacco business has been booming, making it the top income earner in the country. This paper aimed to measure the effectiveness of the sin tax in reducing the consumption of smokers in the City of Manila. The Sin Tax Reform Law of 2012 was enacted to help finance the Universal Health Care program and to address the smoking and alcohol problem in the Philippines. It imposed higher taxes on tobacco, e-cigarettes, and alcohol products, leading to higher prices. The goal is to prevent smoking and drinking initiation and promote cessation. Debates between tobacco companies, health authorities, and policy-making bodies have been ongoing. The researchers conducted a survey and asked people about their smoking habits to gather evidence. Based on the responses, they found that the sin tax is ineffective in reducing the consumption of smokers in the City of Manila. It is supported by the results that consumption before and after the implementation of the sin tax reform law has not significantly decreased. These concerns are particularly evident in the price elasticity of demand, as it also shows that the price of products does not change the consumer behavior of smokers regardless of their income level. KEYWORDS: Sin Tax, Effectiveness, Tobacco, Consumption, Consumer Behavior, Smokers, Price, Income Level, Sin Tax Reform Law
5
2 = =
2
2 --0------
6 --0-- 2 --------
0 2 --
--20------
--------20--
--------20--
----2
/ 2
/ 2
/
/