Palace asks Senate to pass sin tax bill
THE Aquino administration welcomed Thursday the passage of a bill restructuring the excise taxes on alcohol and tobacco products in the House of Representatives.
In a press statement, Budget Secretary Florencio Abad commended the “groundbreaking” move of congressmen, hoping the Senate would also do the same.
“We enjoin our senators to fully support the Aquino administration’s bid to overhaul the excise tax system, not only to advance sustainable fiscal growth in the country, but also to protect the best interests of the Filipino people,” Abad said.
The bill was approved before the House ended its second regular session on Wednesday.
For his part, Senator Gregorio Honasan said there are different versions in the chamber that have to be weighed based on public interest.
“We don’t want this be just expeditiously considered for any other reason than public interest. I have to study it closely because my knowledge about tax laws and taxation is limited,” he told reporters.
The measure aims to boost tax efficiencies and increase government revenues by around P33 billion annually.
Additional revenues will be directed to critical health services, including health coverage for indigents and informal sectors under the National Health Insurance Program, as well as the development and rehabilitation of various health facilities in several regions and provinces.
“Once approved, 15 percent of sin tax revenues will also be used to support tobacco farmers, who may be adversely affected by the measure. Tobacco- and non-tobacco growing provinces will likewise have a share in the revenues generated by an updated excise tax regime,” said Abad.
At least P60.7 billion in the next few years will be generated once the law takes effect, which will be channeled to 81 beneficiary provinces. Only 16 tobacco-growing provinces are being supported by the current excise tax scheme.
The yearly excise tax collections under HB 5727 are also set to increase, which would ensure better assistance for affected tobacco farmers and support for the government’s health programs.
Abad said the updated sin tax scheme will help discourage Filipinos — particularly the youth — from engaging in harmful health practices like drinking and smoking.
Finance Secretary Cesar Purisima also welcomed the passage of the bill, saying it “signifies the political will” of the Aquino administration to implement reforms and improve the economy.
http://www.sunstar.com.ph/manila/local-news/2012/06/07/palace-asks-senate-pass-sin-tax-bill-225719
Some of the good resorts in Pampanga offer beautiful outdoor picnic grounds that can be used for prenuptial pictorial and wedding photography. Wedding pictures can be taken in one of the beautiful resorts near Manila for a wedding album. Special packages and discount offerings for wedding photography, prenuptial pictorial and other photo-shoot are available at this popular wedding venue in Pampanga. In fact, Clearwater Resort is one of the best resorts in Pampanga that is lauded for its good outdoor garden wedding reception venues. Visitors to Clark and Angeles City Pampanga seldom pass up the opportunity to relax and unwind by the lake of this popular resort in Pampanga.
The best getaway destination vacation spot near Manila convenient safe and accessible is Clearwater Beach Resort in Clark Pampanga.
Highly recommended by travel guides as the best private resort in Pampanga, Clearwater Resort in Clark Philippines also offers beach and lake venues for company outings and family picnics. This outdoor resort hotel also offers several beautiful venues for beach wedding and garden receptions. No wonder this private resort in Angeles City Clark Pampanga is frequently visited by wedding couples for prenuptial photo shoot.
Travelers going north to Clark Pampanga frequently look for enjoyable hotel for family bonding during summer vacation in the Philippines. Many visitors to Angeles City, Pampanga Clark Philippines prefer to stay in private resorts located in a secure and safe destination. Staying in a private place makes it possible to enjoy a peaceful holiday with no stress. No wonder many tourists rate Clearwater Resort as the best day-trip destination for a summer getaway, a vacation and a place to celebrate special occasion also.
Wedding couples travel to the north to have their prenuptial pictorial photo-shoot at Clearwater Resort. Within this beautiful resort in Pampanga there are many scenic spots by the lake, beach and picnic grounds, perfect for prenuptial pictorials outside of Manila.
Travel guides and tourists destination listings unveil top picks for best resorts and hotels near Manila in the north. The most popular and frequently visited top pick destination for visitors to unwind and relax is Clearwater Resort located in Pampanga Angeles City, Clark Philippines. This famous hotel resort best getaway destination vacation spot near Manila convenient safe and accessible is Clearwater Beach Resort in Clark Pampanga. This beach and lake resort is frequently visited by Manila families with children on a getaway to go swimming and camping, or a picnic, fishing and some quality time for family bonding. Golf is one of the most popular sports in Clark Philippines because here one can find some of the best golf courses in Pampanga.
Quiet place for rest and relaxation near Manila, in Subic, Angeles City Pampanga and Clark Philippines is something that residents of Manila travelling to the north for a short getaway are looking for. Clearwater is one of the best hotel in Clark and the resort is a very popular venue for rest and relaxation especially for golfers after a round of golf at one of the best golf courses near Manila. Clark is home to some of the best golf courses in Pampanga.
For inquiries and bookings, Please click here to contact Clearwater Resort for inquiries and reservations now
Clearwater Resort and Country Club, Clark Pampanga
Creekside Road near Centennial Expo,
Clark Freeport, Pampanga Philippines 2023
(045) 889-5151 0917-520-4403 0922-870-5177
Joanne or Jeremy or Loydha
Getting to this lake and beach resort in Pampanga Angeles City Clark Philippines
After entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway MA Roxas, passing the stand-along wine shop called Clark Wine Center on the right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, one will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on the right just 200m down.
http://www.ClearwaterPhilippines.com
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
Email: Inquiry@ClearwaterPhilippines.com
Please click here to contact Clearwater Resort to reserve a venue for your upcoming event now
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:
http://www.PhilippinesWeddingVenue.com
While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com
While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com
Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
http://www.HotelClarkPhilippines.com
http://www.ClarkPhilippines.com
http://www.YatsWineCellars.com
For jobs and business investment opportunities in the Philippines please visit http://www.yilp.com
Hot Line for what’s happening in Clark: 045 889-5151 or 0927-940-2669 ask for Loydha
0915-542-6250 (Jeramie)
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