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Egypt president raises cigarette, alcohol prices
Associated Press ^ | Jul 6, 2014 9:45 AM EDT

Posted on 07/06/2014 7:15:56 AM PDT by Olog-hai

Egypt’s president has issued a decree raising the sales tax on cigarettes by up to 50 percent and on beer by 200 percent. […]

President Abdel-Fattah el-Sissi, former military chief elected last month, vowed to take tough decisions to address the country’s battered economy. This weekend, el-Sissi also partially lifted subsidies on fuel, a politically sensitive issue that Egypt’s previous leaders had avoided. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Egypt; News/Current Events
KEYWORDS: alcohol; elsisi; taxes; tobacco

1 posted on 07/06/2014 7:15:56 AM PDT by Olog-hai
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To: Olog-hai

Is this all they can come up with as news?


2 posted on 07/06/2014 7:29:56 AM PDT by stanne
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To: Olog-hai

I’d walk a mile for a Babrak Karmal.


3 posted on 07/06/2014 7:32:08 AM PDT by P.O.E. (Pray for America)
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To: stanne

You’d almost think the AP was trying to appeal to conservatives.


4 posted on 07/06/2014 7:32:40 AM PDT by Olog-hai
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To: Olog-hai

Is almost think they’d do anything, including appeal to conservatives, to avoid reporting the news, as it is


5 posted on 07/06/2014 7:37:20 AM PDT by stanne
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To: Olog-hai

“president has issued a decree raising the sales tax on cigarettes by up to 50 percent and on beer by 200 percent.”

Barry wants a revolt? Try that here.


6 posted on 07/06/2014 7:48:35 AM PDT by Artie (We are surrounded by MORONS)
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To: Artie
He did want to do that in 2009, at least on booze and soda.
7 posted on 07/06/2014 7:50:44 AM PDT by Olog-hai
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To: Olog-hai

And we think the ragheads were crazy before. Now they are economically cut off from booze and cigarettes, watch for heads to roll...literally.


8 posted on 07/06/2014 10:05:42 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Olog-hai
So, I don't get this.

Worthy Oriental Gentlemen of The Moon God persuasion are forbidden alcohol. (They drive quite badly enough without it.) So how do the Gippos raise any money with a tax on Beer? The Copts can't be drinking all that much, considering that every time they pop down to the corner store, they run the risk of crucifixion at the hands of a howling mob of goat-buggering Muslims.

PS, the beer in Alexandria used to be the real German-brewed thing. Hope the camel humpers haven't ended that!

9 posted on 07/06/2014 10:49:39 AM PDT by Kenny Bunk (The GOP is dying. What do we do now?)
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