Sen. Pacquiao proposes to double tobacco excise tax; receives anti-smoking champion belt


Image capture of video by GMA News via YouTube, Senate of the Philippines/Joseph Vidal via Philstar, Pinterest

Senator Manny Pacquiao has filed a bill that imposes higher tax on tobacco.

Pacquiao filed Senate Bill 1599, that will amend Republic Act 10351 or the Sin Tax Reform Law.

“Human body is sacred. We should not destroy or desecrate it,” the celebrity boxer-turned-senator said in a statement.

The measure aims to double the excise tax on tobacco products from P30 to P60 per pack.

The increase in cigarette excise tax will further “maximize its potentials in improving health, revenue and other development goals,” said Pacquiao.

Pacquiao noted that his bill would reduce the popularity of smoking to 19.8 percent by 2020, and of course, will generate revenue to contribute to the government’s tax collections.

Meanwhile, on Tuesday the Bawas Bisyo Youth for Sin Tax Movement awarded the first anti-smoking champion belt to Pacquiao for filing the measure.

Watch this video shared by GMA News via YouTube for more details:

This article has been viewed 88 times. Article originally posted: October 11, 2017, 5:43 pm (UTC-0). Last update: October 11, 2017 at 5:43 pm (UTC-0).

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