TINGEY INJURY LAW FIRM-UNSPLASHare is the policymaker, much less a politician, who would defy popular prejudice and resist powerful vested interests. The very nature of politics compels the typical Filipino politician and policymaker to court the support of voters and, at the same time, be in the good graces of the elite for election financing.
Mr. Abad, who was also a former congressman, did not limit himself to doing reforms related to government expenditures and budget management. He was instrumental in other substantial reforms including the historic Sin Tax Reform Law and the Reproductive Health Law. He tried to reform the pork barrel. But the public, the media, and the Supreme Court did not grasp the complexity and nuances of the issue, and severely but wrongly criticized Abad.
Representative Isidro Ungab should be cited for his gallantry and strategic acumen in securing the passage of Aquino’s sin tax reform in Congress despite the mighty industry lobby. Another legislator who has consistently fought for health taxes and regulation of harmful products is Senator Pia Cayetano. Sometimes, she fought lonely battles and lost, but she carries on.
One challenge confronting the administration is preserving, if not broadening, the fiscal space We cannot be complacent despite the gains from previous reforms. The fact is that the large deficit incurred during the height of the pandemic must be significantly reduced. But at the same time, government must keep a high level of spending for infrastructure, for pandemic and climate change resiliency, and for protection from global shocks.
After all, even President Ferdinand Marcos, Jr. will seriously listen to him. Recall that the President endorsed the proposal of Salceda for a tax on luxurious consumption. “But our measure of the total public welfare should be wholistic and accurate. How, for example, do we measure the effect of lower sin product consumption on productivity, on health expenditures, and on improvements in quality of life?”
Source: Law Daily Report (lawdailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bangsamoro legislators push for election, not appointment, of sectoral reps in parliament - BusinessWorld OnlineTWO legislators of the Bangsamoro Parliament have proposed amendments to the autonomous region’s electoral code to strengthen sectoral participation by electing, instead of appointing, representatives for women, youth and other marginalized groups. Members of Parliament Amir S. Mawallil and Rasol Y. Mitmug, Jr. are calling for a revision of Section 22, Article VI of Parliamentary […]
Source: bworldph - 🏆 9. / 68 Read more »
Remulla son wins Cavite congressional seat vacated by Justice chief - BusinessWorld OnlineTHE SON of Justice Secretary Jesus Crispin C. Remulla has won the congressional seat in the seventh district of Cavite that was vacated by his father, the Commission on Elections (Comelec) announced on Sunday. Crispin Diego “Ping” D. Remulla, who was sitting as a provincial board member, garnered 98,474 votes in the special elections held […]
Source: bworldph - 🏆 9. / 68 Read more »
Philippines should work with human rights watchdogs — EU parliamentarian - BusinessWorld OnlineThe government of President Ferdinand R. Marcos, Jr. should work with local civic groups and global human rights watchdogs to improve Philippine efforts to stop impunity, according to a European Union (EU) lawmaker. READ:
Source: bworldph - 🏆 9. / 68 Read more »
Brooke’s Point fisherfolk say mining operations killing their livelihood - BusinessWorld OnlineTHE LIVELIHOOD of at least 100 families, mostly fisherholk, in the town of Brooke’s Point in Palawan have been affected by mining operations, according to a community leader. “The fishermen who depend on the sea lost their jobs. They were banned by the mining company in the area where a causeway was built as they […]
Source: bworldph - 🏆 9. / 68 Read more »
House leader wants ‘one-strike policy’ for tax collectors who fail to meet targets - BusinessWorld OnlineTHE HOUSE Speaker on Sunday called on President Ferdinand R. Marcos, Jr. to remove tax collectors who fail to meet their revenue targets and replace them with more “competent individuals.” “The one-strike policy is a key step towards achieving our revenue goals,” Speaker Ferdinand Martin G. Romualdez said in a statement on Sunday. He said […]
Source: bworldph - 🏆 9. / 68 Read more »
Chinese invasion of Taiwan may test US resolve - BusinessWorld OnlineA possible Chinese invasion of self-ruled Taiwan would be a litmus test for US commitment to its security allies including the Philippines, according to experts. READ:
Source: bworldph - 🏆 9. / 68 Read more »