Sri Lanka: Ruinous Tax Policies Stoke Inequality

Sri Lanka: Ruinous Tax Policies Stoke Inequality

Sri Lanka’s tax policies played a driving role in the country’s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services.

HRW Report: How Low Taxes Drove Sri Lanka’s Economic Crisis and Squandered its Education Lead • Sri Lanka Brief

Image courtesy of HRW. Sri Lanka’s tax policies played a driving role in the country’s devastating 2022 economic crisis and contribute to chronic underfunding of education and other public services. The government should consider eliminating corporate tax exemptions given their high cost, questionable effectiveness, and vulnerability to abuse, and adopt other progressive tax measures. The case of Sri Lanka reflects the challenges many governmen…

Calls Grow for Tax Reform in Sri Lanka as Report Links Revenue Shortfalls to Declining Public Services - LNW Lanka News Web

October 16, Colombo (LNW): A new report has raised serious concerns about Sri Lanka’s taxation system, arguing that decades of low revenue collection and preferential treatment for businesses and the wealthy have undermined vital public services and contributed to the country’s economic collapse in 2022. The study highlights how successive policy choices, stretching back several decades, have eroded state capacity—particularly in education—while…

Sri Lanka's Ruinous Tax Policies Stoke Inequality: Lead To Underfunding Education, Other Key Public Services: HRW - Colombo Telegraph

Sri Lanka’s tax policies played a driving role in the country’s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services, Human Rights Watch said in a report released today. The government of President Anura Kumara Dissanayake should urgently adopt measures to uphold its human rights obligations and enact reforms to a system that presently favors companies and wealthy people while f…