Wednesday 14 November 2018
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inquirer - 30 days ago

Suspend excise taxes and solons’ ‘pork,’ Mr. President

President Duterte s economic managers say they are now suspending the second round of excise tax on fuel products. This means that the additional P2 per liter excise tax on gasoline and diesel will no longer push through in January 2019. However, the excise tax of P2.50 per liter on diesel and P7 per liter on gasoline imposed this year under the first tranche of the TRAIN Law will remain. The people expect bolder actions from you, Mr. President. I think you should immediately fire your economic advisers.

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