زيادة هائلة🛑القرار هيتنفذ من اليوم

0:00 A new increase is on the doorstep of 25% exactly 23.5% half a% neither the first nor the last this is an increase over three years each year will take a part of it what we are seeing today in this increase decision is the highest in the history of this essential commodity for about 10 million smokers in Egypt cigarettes the increase in cigarette prices is coming from two areas the first area is the Ministry of Finance Tax Authority the second area is from the manufacturing companies which is the increase in costs understanding the production costs imported tobacco increased the glue used in the manufacture of cigarettes packaging tools and printing and all of these are coming with

0:46 increases and in the factors related to operation such as the price of fuel for example electricity for example all of this has had increases the factors related to operation all of these have poured with an increase close to 25% the first increase to be applied from today has entered and been implemented we are done so you will see the prices in the street as follows after peace and mercy of God be upon you welcome to the new increase The new fiscal year has started in Egypt and with it these increases. Let's take, for example, the different types of Merit, which became 105. Malaboro became 97. The second type became 79. The LM became 76. The tobacco that comes after that, which

1:34 we have, is 76, 80, and 69. All of this, take the increase in this percentage, which is seven, 23.5, half, 25%, so that it is an accurate number. So, where did this matter come from? The last two days of the last fiscal year, which was the last two days of June, the House of Representatives came out with a decision approving in a final manner the draft law that the government had submitted amending the provisions of the value-added tax law. The value- added tax means that you, as a consumer who will pay the tax in countries that are in good condition, find that the value-added tax is small and is

2:20 not imposed on everything because the real tax is imposed on the producers, but when the country’s producers become scarce and scarce, they go looking for the consumers who are not producers. Why do you impose a value-added tax on them? They issued a decision to increase the tax prices on cigarettes and alcohol, like many goods and many services. People consume electricity and cannot do without a tax. They also smoke cigarettes and are almost unable to do without a tax. Why not open 10 cigarette factories? New and open 10 new companies for poultry, fish and meat services and let them make a profit and when they make a profit take a tax from them.

3:06 No, I will not open these countries that exist. The most important thing is that they consume. This is a tax with a bad reputation. Anyway, why are you doing this? Why are you imposing a tax on cigarettes? He told you, by God, I am implementing new policies and taking measures to achieve a financial balance in the state budget. The balance is always between revenues and expenditures. Okay, so you are now a miracle when we pay you. He made his calculations to collect 100 billion pounds from cigarette smokers. A tax of 100 billion pounds per year. Okay, so he increased his financial resources. These are the revenues. What will you take from them? He told you that he will spend them on social protection programs, meaning that he will support the pensions of divorced women and widows, a

3:51 decent life, solidarity and dignity. The truth is that we should tell him, why is this talk not correct? Because you are not providing them with the required increases. This is one thing. The second thing is that you are reducing support for goods and services such as electricity. For example, these days you are raising the price of gas. You are still raising it. You are still raising the price of fuel. You raised it four times in the last 13 months. You are raising the price of something, you are not lowering its price. You are humiliating me. He told you that it is possible to support some areas that will support the daily life of the citizen. I tell you that your words are not correct. It will not support anything and it will not cover the deficit. Why the 100 billion? If we say that we have

4:38 10 pounds of revenue, then for every 8 pounds of every 10 pounds we go to debt. It is not right for us to believe that you will do this. Why do you take into account that for every 10, 8 of them pay off debts? You are pushing the cigarette smoking group to pay off debts. Let us go to a larger space in the form of this law. He thinks that it is necessary to introduce these amendments and he actually introduced them, and you I think he feels it now, goods and services, even the non-smoker said to you, “Well, I will spend this money on very important items such as health and education.” Of course, we cannot open our mouths and hope that he spends the 100 billion every year on health and education. We come to him and say, “Well, the increase in cigarettes

5:24 last year, how much of it was spent on health and education? The increase in cigarettes the year before that, how much of it was spent on health and education?” We do not see that the constitutional percentage is not met for neither health nor education. 3% here and 6% here, despite the fact that 3% and 6% are low percentages that are not suitable for this number of the population, as it was 10 years ago, and we are making the constitution. These percentages are supposed to increase. Imagine that this little does not meet it, and the health sector is crammed into it. It includes sewage and wages and burdens them with debts that are not theirs in order to benefit from the numbers. Despite that, do not inquire. What is the budget? We still see it. This is the secret, so we tell him again, this item is not correct. Anyway,

6:10 how did cigarettes increase? Look at the genius that we told him to do in the old rent law, the population brackets or not? But in cigarettes, because it is a matter for the state, he went and made brackets. Well, make the price brackets for cigarettes well. Why? He wants to guarantee the companies’ ability to set reasonable prices. Well, what’s wrong? No one hates pricing for all products and maintains encouraging local production. If you sold the company itself, most of the tobacco companies are now the largest ownership, either to the UAE or to Saudi Arabia, through the fund of each country. It has a fund that buys the largest share, even you are burdened with buying tobacco every year for $600 million to exempt you from the dollar. Well, he will gain it, he will gain it in two and three times as well, and

6:57 he wants to maintain the minimum profitability of the companies. Well, why don’t you maintain the minimum of our work, my brother? There is a project in the law that includes an increase in the absolute tax category and the maximum price limit. Cigarette brands produced by local factories whose selling price to the final consumer does not exceed 38 pounds and 88 piasters, and the maximum selling price of a pack of cigarettes remains 48 pounds, an increase of 23%, meaning he did not make it 48, he made it 47 as he pleased, but here he is governed by the maximum. If tomorrow, it is not the same as today’s price, the companies took the law and trained it with the cost and raised the price for you, right? If tomorrow he made it

7:45 48, the law gives him a maximum limit for locally manufactured cigarettes whose selling price exceeds 38 pounds and 88 piasters, this goes to the second bracket, it does not exceed the price, which is from 38 pounds and 88 piasters to 56 pounds and 44 piasters, so the minimum selling price is 48 pounds and the maximum is 69 pounds, an increase of exactly 22%, 22.2 two, here he sets the bracket Oh, so now the second tranche is your right as a factory to sell at 69 the ceiling price or 48 the bottom price or somewhere in between, as you like. Why does he

8:30 come and go? He calculates the tax on this part at a certain number, so he leaves him the rest based on the cost account. He says, “By God, the water has increased, here it is.” The water has increased, the electricity has increased, the engines have increased, that’s fine, here’s something. The dollar, by God, there is movement in the exchange rate like this. Okay, the benefit of someone who took loans, it cost him a place to play, preserving the minimum profit. Why didn’t you do this? A few years ago, ownership was Egyptian. No foreigner wanted to guarantee his profit. And the state wants to guarantee his profit, why in order to guarantee its share of the tax? And I am the one who will account for both of them on everything they want. So what about the third tranche whose price increases to

9:17 the consumer by 56 pounds and 14 piasters, will it be the maximum? Its 69 out of 56, its maximum will be 69 pounds. The text of the law here says the increase will be 12% every year, 12% every year for a period of three years, for a period of three years. The census for the year will start from November 5th, 25th. The Council of Ministers has the right to reduce the percentage or not, depending on its analysis and evaluation of the development of the actual cost with the companies. That means they hold a meeting like this before any decision. The increase in the flat tax, we said it increases by 15% every year for a period of three years, starting from the year following the implementation of the provisions of the

10:04 law. Reducing the percentage will be to 12% annually after the end of the three years. I think it will be fixed like this. No, it is finished. They lowered the table tax. The table tax is lowered, and its components and the amendment. Alcoholic beverages are also in the subject. Dot. Standard specifications. The health organization. Of course, health insurance also takes money from smoking. This is the last thing we have reached now. The item 20 Replace it from the list of exempt goods or services on the added pile. He put a tax transaction on petroleum as well, 10%. Take it. 18 was exempt, so he put 10% on it. The Minister of Finance, as usual, tells you, “By God, we will use this money in health and education, as we said. But we

10:51 can tell him, “Well, now you have increased the price of cigarettes and today you have increased the price of contracting work by 14%. Well, this will raise the price of real estate and you have also increased the price of crude oil by 10%. This will raise the prices of petroleum derivatives. After a while, he tells me, “I want to raise the price of engines again, for him and for all of this, of course, I am the one who will be held accountable for it.” You increased it for me. What did I increase? I am fighting the phenomenon of cigarette smuggling. Well, you made the 38% tax. You think it is to fight mobile phone smuggling? And smuggling is working, and last year you increased it.” Cigarettes and smuggling The favor of smuggled cigarettes is working. How are these for the smugglers, the distribution chains, and those who buy them? You have large debts that you need to raise? There

11:39 is nothing wrong with that. Tell us honestly. There is no problem if you want to continue on this topic. Technically or artistically, how is it going to take the 100 billion every year? What will he do with it? Imagine every year it will increase by about 100 billion. This year 100, next year 100 over the year after it, 100 over 100, and the 100 only. You see, every year it increases by 100 only. So what about the past? So what about the 100 before it? Every year by 100 billion is on the smoker. My opinion is to quit smoking. This is a call that I hope will benefit you. I am not going to tell you anything. What we drew for you on the pack is enough. Peace be upon you. Accept my greetings. Mohamed Mohi El-Din. This is the first time I record videos standing tall like this. Tell me. What do you think, should we continue like this or bring it back to the show? Until we meet again, please accept my regards,

12:24 Muhammad Muhyi al-Din. Like the video. The description is below in the WhatsApp and Telegram links. Join us and subscribe to the channel you see us on and the Facebook page.