REFLECTIONS TODAY The tax collector Levi is identified with, and often referred to, as Matthew, the name given in the Gospel of Matthew (9:9). At the time Jesus calls him, Levi is at the customs post, his place of work. As tax collector, he is regarded as a public sinner, despised among the Jews as...
An "Fuel Crisis Ad Hoc Committee" will convene in the House of Representatives next week to tackle possible solutions to the problem of runaway domestic fuel prices. (Photo from House Speaker Lord Allan Velasco's Facebook) This was confirmed by House Speaker Lord Allan Velasco Friday afternoon,...
The camp of presidential candidate and former senator Ferdinand "Bongbong" Marcos Jr. has urged Aksyon Demokratiko chairman Ernest Romel to "widen his research" first before daring Marcos Jr. to answer the P200 billion estate tax debt. Lawyer Vic Rodriguez, Marcos Jr.'s spokesman, said in a...
Makabayan coalition senatorial candidate Neri Colmenares praised the removal of value-added tax (VAT) from water bills of the Manila Water Company and Maynilad Water Services, but at the same time stressed the need for the same relief when it comes to fuel and electricity. Makabayan coalition...
The government should suspend the excise tax on oil to cushion the effects of the tension between Russia and Ukraine on the price of commodities, Senator Francis “Kiko” Pangilinan said on Monday, Feb. 28. Senator Francis “Kiko” Pangilinan (TRoPa2022) Pangilinan, a vice presidential...
Malacañang said that the proposed suspension of the excise tax to address the rising price of oil in the country cannot just be implemented unless recommended by the Department of Finance (DOF) and the Development Budget Coordination Committee (DBCC). (File photo) Cabinet Secretary Karlo Nograles...
PASAHERO Party-list has added its voice to the growing clamor of stakeholders who want to suspend excise tax on oil products amid concerns that local pump prices would continue to climb in the coming weeks. (File photo/ MANILA BULLETIN) According to Allan Yap, the party-list's founder, the proposed...
Gov’t readies ‘targeted assistance’ as oil prices rise By Chino S. Leyco Amid calls to suspend taxes on petroleum, President Duterte’s economic managers announced that the government will instead provide targeted relief assistance and support to sectors affected by the skyrocketing oil...
The Marikina City local government passed on Wednesday, Feb. 23, a city ordinance extending tax amnesty to businesses from Feb. 23 to June 30, 2022. Ordinance No. 006, Series of 2022, introduced by Councilors Romina Kate De Guzman and Cloyd Casimiro, grants an extended period for business owners to...
House Speaker Lord Allan Velasco and Senate President Vicente "Tito" Sotto lll should recommend to Malacañang the conduct of special sessions in Congress to approve bills that would suspend excise taxes on fuel, the prices of which have been skyrocketing as of late. House Speaker Lord Allan...
Finance Secretary Carlos G. Dominguez III has suggested that the government should consider increasing taxes on real-estate properties instead of imposing the wealth tax. “I’m against wealth tax,” Dominguez said at a virtual forum by Financial Executives Institute of the Philippines (FINEX)...
Amid the runaway increases in pump fuel prices, Gabriela Party-list Rep. Arlene Brosas issued a challenge to the candidates vying for the Palace seat in the upcoming 2022 polls: reverse the Oil Deregulation Law. "Kahit bali-baligtarin ang usapin ng taas-presyo ng langis, Oil Deregulation Law pa rin...
