House Speaker Questions Administration’s Tax Reform Proposal

The administration’s tax reform package encountered another stiff opponent when House Speaker Pantaleon Alvarez said that no additional tax measures are needed if only the government’s revenue-collection agencies would do their jobs efficiently. Finance Secretary Carlos Dominguez refuted this and explained that both the Bureau of Internal Revenue and Bureau of Customs already collected 97% of their targets last year. Finance officials added that P1.7 trillion is needed over the next six years for infrastructure…

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