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‘Sin’ taxes seen to boost BIR collection to P1.25T

Agency projects 44% growth in revenue from excise taxes

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The Bureau of Internal Revenue aims to collect P102.4 billion in excise taxes this year and boost total revenue collection for the year to P1.25 trillion.

BIR data show that the 2013 excise tax goal is 43.8 percent higher than …

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  • http://pulse.yahoo.com/_GYYFBINDMTZHM6TDHPB667452M agustin

    the new sin tax law is still mild, smokers still smokers, drinkers are still drinkers,and to them the increase is nothing.

  • cute79

    1.25trillion makolekta tax galing sa alak at sigarilyo ,1.5billion para sa MOOE ng mga senador at iconvert as savings then pagdating ng pasko pabonus ng mga senador.Another billions sa malakanyang at house of respresenthieves.

  • http://pulse.yahoo.com/_NWTWAWQO7MWPOD75YHMUCR2IWU Mux

    I thought the purpose of the sin taxes is to make people smoke and drink alcohol less so how will that boost revenue? 

    • magiting78

      That’s the main objective…additional revenue is just a projection if ever the current smoker or user will not quite smoking…

  • kismaytami

    It is also seen to boost government savings which turns to bonuses before yearend.

    • magiting78

      The more possible boost on government savings abolish Pork Barell…Now it is no longer Pork Barell-Pork Quarell…kita mo nag aaway away n sa Senatong dahil hnd pantay ang hatian….hehehe tamang duda lng

  • FernandoBusi

    Results first before publicity. 

    • magiting78

      Hehehehe Politician approach…pangako muna…then boto..pag nanalo…bulsa ko muna bago kau….

  • Elio Madama

    The mission of these politicians, including as number one the President, is to KILL the middle class of filipinos.
    Health insurance, 100% increase few month ago.
    Property taxes 50% increase (at least in Dipolog City).
    Sin taxes, supposed to help poor people with hospital, etc. (then….why increase insurance premium 100%?).
    Food, as chicken, pork, fish, sardines, etc. 15% increase.
    Little by little poor will be poorer, middle class will be poor and rich will be richer.
     

  • http://pulse.yahoo.com/_VNLEL6SV5GHRUCLB3WSZVOZCUA RockA

    Too much taxes.  Gotta pay a VAT.  Gotta pay a SIN tax.  And the SIN tax is scheduled to increase every year.  The politicians want to slow fry their frog so that the frog doesn’t hop out of the skillet.

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