{"id":94114,"date":"2019-10-20T11:00:57","date_gmt":"2019-10-20T18:00:57","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=94114"},"modified":"2019-10-20T11:00:57","modified_gmt":"2019-10-20T18:00:57","slug":"i-believe-in-competitive-markets-sajith-promises-tax-cuts-to-help-businesses","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2019\/10\/20\/i-believe-in-competitive-markets-sajith-promises-tax-cuts-to-help-businesses\/","title":{"rendered":"I believe in competitive markets&#8217;: Sajith promises tax cuts to help businesses"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Ceylon Today<\/em><\/span><\/h2>\n\n\n<p>Presidential candidate of New Democratic Front (NDF) Sajith Premadasa pledged to reduce existing taxes and introduce reforms to the current tax system to encourage entrepreneurs.<\/p>\n\n\n\n<p>Addressing a meeting of entrepreneurs, Premadasa said his future administration will create an environment where entrepreneurs can gain more opportunities to widen the scopes of their businesses.<\/p>\n\n\n\n<p>&#8220;Our economic policy will be established according to national interests. We will give maximum benefits to entrepreneurs so, that they can expand businesses.<\/p>\n\n\n\n<p>For those who are unemployed, I will ensure there will be many job opportunities and we will ensure that through a strong economy and economic policy\u00e2\u0080\u00a6 While we use the free market system to generate wealth, we also have to be cognisant of the aspect of redistribution of wealth and income.<\/p>\n\n\n\n<p>&nbsp;By that I do not mean taxing the business class, not at all, I think they are already heavily taxed. I&#8217;m not the usual tax and spend politician. Rather, I would reduce existing taxes and reform the tax system to encourage private entrepreneurship to grow and expand. So in summary I believe in competitive markets, but I also believe in social justice,&#8221; he elaborated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Ceylon Today Presidential candidate of New Democratic Front (NDF) Sajith Premadasa pledged to reduce existing taxes and introduce reforms to the current tax system to encourage entrepreneurs. Addressing a meeting of entrepreneurs, Premadasa said his future administration will create an environment where entrepreneurs can gain more opportunities to widen the scopes of their businesses. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-94114","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/94114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=94114"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/94114\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=94114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=94114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=94114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}