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Bicam OKs P33.5-B revenue target for sin tax

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

At the end of their second meeting, the bicameral conference committee on the sin tax reform bill on Thursday night agreed setting the measure’s revenue target to P33.5 billion.

Posted: December 6th, 2012 in Latest Business Stories | Read More »

‘The good fight’

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HEALTH ADVOCATES rejoiced this week with the expeditious passage of the “sin tax” bill in the Senate. President Aquino had earlier certified it as an urgent bill due to “public necessity” to curb harmful cigarette and excessive alcohol consumption.

Posted: November 24th, 2012 in Columnists,Featured Columns,Inquirer Columns,Inquirer Features,Science and Health | Read More »

Drilon confident sin tax bill to be submitted to Aquino before yearend

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Senate President Franklin Drilon: Epira amendment high on agenda. INQUIRER FILE PHOTO

Senator Franklin Drilon said that he was confident the sin tax bill would be submitted to President Benigno Aquino III for his approval before the end of the year.

Posted: November 20th, 2012 in Latest Business Stories | Read More »

Senate passes sin tax bill

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

The sin tax bill was finally approved Tuesday evening after senators concluded their deliberations and amendments on the measure. Certified as urgent by President Aquino, the bill was passed on second and third readings on the same day.

Posted: November 20th, 2012 in Headlines,Latest Business Stories | Read More »

Sin tax bill: Flagging some constitutional issues

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The proposed legislation seeking to impose higher excise taxes on liquor and tobacco products, more popularly known as the sin tax bill, is one of the most controversial pieces of legislation that ever crossed the halls of Congress.

Posted: November 19th, 2012 in Columnists,Inquirer Columns | Read More »

Dirty hurry

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Senator Franklin Drilon, who took over from Sen. Ralph Recto the chairmanship of the powerful ways and means committee to push for the “sin tax” bill of the Aquino (Part II) administration, insists that the pending bill is both health and revenue measure.

Posted: November 12th, 2012 in Columnists,Inquirer Columns | Read More »

Smoking, lung cancer and the ‘sin tax’ bill

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A few months ago, a 64-year old business man came to see us with persistent dry cough for more than a month. He just self-medicated, took two different kinds of antibiotics he had taken before, but felt no improvement. He was smoking two packs per day and cut it down to one pack a day when he started having the cough. He swore he was feeling great until this current coughing problem, and didn’t think his smoking was such an issue. He started getting worried though when his phlegm became blood-tinged in the last several days.

Posted: November 10th, 2012 in Columnists,Featured Columns,Inquirer Columns,Inquirer Features,Science and Health | Read More »

Heart doctors bat for Santiago’s ‘sin tax’ bill

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Senator Miriam Defensor Santiago. INQUIRER FILE PHOTO

Noting how Filipino heart attack or stroke victims are getting younger and younger, cardiologists and heart specialists on Tuesday urged the Senate to pass Sen. Miriam Defensor-Santiago’s version of the “sin tax” bill in order to save an estimated 75,000 lives annually.

Posted: November 7th, 2012 in Latest Business Stories,Science and Health | Read More »

Tooth or consequence

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Now, the struggle really begins for the Palace and our leader Benigno Simeon, aka BS.

Posted: October 18th, 2012 in Columnists,Inquirer Columns | Read More »

BIR confident DOF-backed ‘sin’ tax bill will be passed

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Internal Revenue Commissioner Kim Henares remains confident the Department of Finance-backed version of the “sin” tax bill would be passed and enacted into law despite a Senate version that halved the expected tax take.

Posted: October 15th, 2012 in Headlines | Read More »

Breasted interest

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“Not the interest of anyone!” Those were the words of Senate President Juan Ponce Enrile, the 88-year-old JPE, commenting on the attacks in media against the Senate version of the “sin” tax bill—the attacks from the Aquino (Part II) administration and supporters of the bill.

Posted: October 15th, 2012 in Columnists,Inquirer Columns | Read More »

Senate sin tax acceptable, says BAT

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British American Tobacco’s Philippine unit expressed its preference for a Department of Finance-backed version of reforms on the so-called sin taxes, although the company also found the version presented to the Senate plenary as acceptable.

Posted: October 12th, 2012 in Headlines | Read More »

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