Posts tagged: increasing tax

The art of collecting taxes

Tweet ONLY half-way into the first 100 days in office, the cash-strapped Aquino government is already scraping the bottom of the barrel to fund projects that would deliver its promises to the people. And the best way to fill the coffers, as a quick-fix solution suggested by several quarters – including or particularly, the Philippine Chamber of Commerce and Industry – is to again increase the excise tax rates on alcohol and tobacco products. ... Jump to full article >>