This tax reform will also raise the revenues needed to make real positive change for our people,” Dominguez said. First time ever we did a tax reform without anybody forcing us to do it. For think tank Capital Economics, the comprehensive tax reform program stands as the most important legislative achievement of the current administration over the past 17 months. Sen. Joseph Victor Ejercito, chair of the Senate committee on health, had also filed a bill aimed at raising tobacco tax. The senator said that unlike the taxes on sweetened beverages and petroleum, tobacco tax is not inflationary.
Source: Philippine Star December 19, 2017 16:09 UTC