💡 Trivia House approves Bill increasing sin taxes

During the plenary session Monday night, lawmakers voted 190-4 to pass on third reading House Bill 11360, which seeks to amend the National Internal Revenue Code to impose structured tax hikes on ******* products. Under the bill, excise tax rates will increase by 2 percent every even-numbered year starting Jan. 1, 2026, and by 4 percent every odd-numbered year from Jan. 1, 2027, until Dec. 31, 2035. Heated ******* products will be taxed at PHP41 per pack, while *********s and **** products will carry a PHP66.15 levy per pack. The bill also grants the President authority to raise tax rates by up to 5 percent if the national government deficit exceeds the target by 2 percent.

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[plhbg1]

ito dapat ang binanatan sa increase at hindi yung online services

 

[WraithKing0831]

kawawa na naman kaming mga lasengero HAHAHA.

 

[ZummerSoltice]

******* products boss???rice wine nalng talaga pag-asa...kaso mahal din ang bigas

 

[plhbg1]

******* products boss???rice wine nalng talaga pag-asa...kaso mahal din ang bigas

oo nga mababa yung tax ng bigas pero mahal pa rin naloko na

 

[ZummerSoltice]

oo nga mababa yung tax ng bigas pero mahal pa rin naloko na

Buwaya din nasa DA... emergency crisis na naman daw sa food security....

 

[Pepemomekuto]

sablay governance ng current administration

awit affected tyo ng inflation
biruin mo kakaen ka everyday standard na 150-200 pesos pra masabi mo na nakakaen ka ng másáráp eh 3x ka nakaen awit