MP: Caution needed when hiking alcohol excise duty

Tax revenue data for the first nine months of the year in Estonia indicates that people are trying to save money by making advance payments on income tax. The collection of value-added tax (VAT) has been weak, reflecting consumer caution. Revenue from alcohol excise duties has fallen significantly below expectations, prompting Riigikogu Finance Committee member Aivar Sõerd to question whether an additional excise duty increase could drive consumers to stock up in Latvia.