Should the incoming Marcos administration make way for new taxes for the purpose of boosting government revenue? Albay 2nd district Rep. Joey Salceda (File photo/ MANILA BULLETIN) Economist-congressman Joey Salceda of Albay's 2nd district says it depends. "It depends on the kind of taxes. Not all...
The “over-taxation” in the electricity sector is being urged to be stopped finally in the next administration and a proposed legislation scrapping value added tax (VAT) on electricity rates will be lodged when the next Congress resumes. "We need to stop this over-taxation of consumers of...
UniTeam presidential candidate Bongbong Marcos doesn't favor the imposition of new taxes on Filipinos, saying it's not timely and would only further burden the pandemic-weary people. Presidential candidate Bongbong Marcos (Noel Pabalate/ MANILA BULLETIN) “Depends on what sectors and in what area...
House Deputy Speaker Mikee Romero sees wisdom in Malacañang's call for the establishment of strategic fuel reserves that would be used by the state to cushion future fuel price hikes. In fact, such proposal is very familiar to the 1-Pacman Party-list representative. House Deputy Speaker Mikee...
Presidential aspirant Senator Manny Pacquiao has advised the Marcoses to just pay the estate taxes they owe to the government to put an end to the persistent issue. Pacquiao's response came after Senator Imee Marcos questioned on Friday, April 2 the timing of the supposed revival of her family's...
Senator Imee Marcos said her mother, former First Lady Imelda Marcos, has denied receiving a demand letter from the Bureau of Internal Revenue (BIR) asking her to settle the Marcos family’s supposed P203-billion estate tax liability. Nevertheless, the Marcos family’s lawyers are now...
Presidential candidate Panfilo "Ping" Lacson expressed his willingness to go after unsettled taxes in order tp finance crucial projects of his government, including a national broadband plan (NBP) designed to significantly improve Internet connection services across the country. Speaking from the...
Senator Francis Tolentino on Monday, March 21 chided the Bureau of Internal Revenue (BIR) and the Philippine Amusement and Gaming Corporation (PAGCOR) for allegedly failing to withhold the 20 percent tax from the winning profits of online cockfighting ("e-sabong") operations. "So ang lumalabas...
Partido Reporma standard bearer Senator Panfilo “Ping” Lacson said the government, through the Bureau of Internal Revenue (BIR), should collect the P203-billion worth of estate taxes owed by former senator Ferdinand “Bongbong” Marcos, Jr. and his family. Lacson expressed his position on the...
Too small, but better than nothing. This was House Deputy Speaker and Bagong Henerasyon (BH) Party-list Rep. Bernadette Herrera's take on the P200 monthly fuel subsidy that Malacañang plans to distribute to poor Filipino families amid the fuel price crisis. (Ellson Quismorio/ MANILA BULLETIN) "We...
Presidential candidate Senator Panfilo ‘Ping’ M. Lacson on Monday, March 14 said a Lacson presidency would rather focus on improving revenue collections by eliminating corruption to avoid encumbering Filipinos with more expenses than they could shoulder rather than raising taxes. “New tax...
Anakalusugan Party-list Rep. Mike Defensor insisted on Thursday, March 3 that suspending taxes on fuel is the best way to provide instant relief to Filipino consumers amid runaway pump fuel prices. (Photo from Mike Defensor's Facebook) “I am for revisiting the law that deregulated the oil...
