ECONOMYNEXT - Sri Lanka's power minister Ravi Karunanayake has told reporters that a controversial carbon tax slammed in the style of European interventionism, which led to 'yellow vest' protests in France, may be rolled back.
"We have said that to raise a small amount of revenue, this type of carbon tax should not be imposed creating so many problems," Power Minister Ravi Karunanayake was quoted as saying in broadcast on Hiru, a privately owned radio channel.
Sri Lanka was planning to slam a carbon tax on cars, with a higher charge falling on older vehicles which are generally owned by pensioners, old people and the less affluent, who arguably drive less.
Sri Lanka has an emissions test, which all vehicles other than classic cars have to comply.
Carbon taxes were devised by European interventionists to impose the vicarious desires of rulers and bureaucrats on unarmed citizens by making them feel pain.
Feel the pain taxes violate an age-old South Asian liberal taxation principle, also adopted by Western liberals that is articulated in works such as Arthashastra, which requires taxes to be collected like a bee collects honey from a flower causing as little pain as possible.
But feel the pain taxes are slammed to achieve the vicarious desires of rulers and interventionists.
Critics say sugar and carbon taxes go against this basic principle of governance and is ironic because
Prime Minister Ranil Wickremesinghe has claimed to follow Licchavi governance principles, which also originated from the same region.
Originally imposed on items such as tobacco, feel-the-pain taxes are now proliferating in Europe going from sugar to fuel, as feared by unarmed citizens earlier.
French citizens finally revolted against President Macron's carbon tax, which was originally proposed by an interventionist earlier administration.
French have a strong tradition of rising against unjust taxes of the ruling classes.
European interventionism and social engineering which began to gain ground especially in Germany with 'Socialist in the Chair' (Kathedersozialisten) and 'German Historical Economics' eventually led to a retreat of (classical) economics and ended up in Nazism and minority oppression. (Colombo/Jan24/2018)