MANILA, Philippines --- While the government braces for the possibility that smuggling and counterfeiting of cigarettes and tax stamps would worsen once higher excise taxes take effect, Senator Sonny Angara said Tuesday that the legislative could still jack up levies on "sin" products before the 17th Congress ends. "It's still possible but somewhat difficult if we were to gauge our colleagues," Angara told the Inquirer in a text message when asked if the proposal of the departments of Health (DOH) and of Finance (DOF) to further increase sin taxes could still get Congress' approval within the remaining three weeks of sessions. Angara, who chairs the Senate ways and means panel, als...
Keep on reading: ‘Possible but difficult,’ says Angara on passage of higher ‘sin’ taxes
from INQUIRER.net http://bit.ly/2VDG07k
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