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Sin Tax Wars: The Fight Continues. Civil society on senate sin tax result November 21, 2012. Period of Amendments: Attempts to Water Down the Bill. Sen. Bongbong Marcos

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sin tax wars the fight continues

Sin Tax Wars: The Fight Continues

Civil society on senate sin tax result

November 21, 2012

period of amendments attempts to water down the bill
Period of Amendments:Attempts to Water Down the Bill
  • Sen. Bongbong Marcos
    • Lowered down the tax rates for cigarettes for the first year onwards, YET, claimed that his lower rates will still generate P40B by manipulating assumptions (Note: Close interaction with PMFTC Lawyers)
    • Ranted about “distorted sharing” between cigarettes and alcohol (60-40 sharing)
  • Sen. Ralph Recto
    • Reduced the yearly tax increases from 5% to 4%
    • Complicated the earmarking for Universal Health Care
  • Sen. Joker Arroyo
    • Opposed the earmarking provision for health
who is senator marcos consulting
Who is Senator Marcos consulting?

Screenshot of Senate footage of Nov. 14 interpellation c/o bawasbisyobill.com

what we have secured so far
What we have secured so far…

Removal of the price class freeze.

A unitary tax rate of P26 for cigarettes by 2017.

Annual tax increases of no less than 4%.

Higher tax rates for alcohol.

Earmarking of funds for health care and alternative livelihood for tobacco farmers and workers.

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