ECONOMYNEXT – Sri Lanka’s President will pay income tax under a new law, Finance Minister Mangala Samaraweera said, ending another plank of the statist-neo-serfdom built after gaining self-determination from British rule.
The draft law contained a provision to exempt President Maithripala Sirisena from income tax, continuing an provision that existed in the old law, which exempted ex-President Mahinda Rajapaksa from income tax.
“We have deleted it,” Finance Minister Samaraweera told parliament.
“The request came from non-other than President Maithripala Sirisena himself.”
The tax law passed on September 07, comes into effect from April 2018.
Samaraweera was responding to a query raised by Janatha Vimukthi Peramuna leader Anura Dissanayake, who pointed out that legislators also now paid Pay-As-You-Earn tax on their salaries but the President was exempt.
All heads of state of free countries pay tax.
The post-1977 United National Party administration ended income tax on state workers, limiting tax only to ordinary citizens in the private sector, reducing them to tax paying serfs who were being milked for the benefit of an expanding privileged state worker cum political class.