SNSD leader Milorad Dodik said yesterday in Banjaluka that this party will be against the abolition of excise taxes on fuel in the House of Peoples of the BiH Parliamentary Assembly because the price of fuel in BiH is the same or lower compared to the region.
“Despite the fact that Serbia reduced excise taxes by 50 percent, the price of fuel in Bosnia and Herzegovina and Republika Srpska is lower than in Serbia, not to mention Croatia,” Dodik told reporters after a meeting with the leader of the People and Justice party, Elmedin Konaković.
He feels that the elimination of these revenues would reduce the chance of development, because the international financial institutions, with which the construction of highways is being negotiated, are looking at what the excise taxes are and how they are directed.
“If excise taxes are at a low level, you won’t be able to build any highway. There is no rich country without regular taxes that are paid. Here, a completely irrational approach is being created in which all taxes should be abolished in order for everyone to live like in a fairy tale and be happy, which of course is not true. This means that there are no roads, schools, kindergartens, hospitals and many other things,” said Dodik, who is also the president of Republika Srpska.
He emphasized that responsible politics dictates that excise taxes be retained in order to increase the level of construction of highways in Bosnia and Herzegovina, while all those who advocate the abolition of excise taxes do so for populist reasons.
Dodik reiterated that excise taxes make it possible to fill the funds that can be significant for investing in road construction.