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Bacolod City, PhilippinesTuesday, May 1, 2012
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Marañon pushes
for sin taxes hike

Negros Occidental Gov. Alfredo Marañon Jr. yesterday said he is pushing for the approval of a bill that will raise “sin taxes” on alcohol and cigarets, which would benefit provincial, town and city governments.

Increasing the tax of alcohol and cigarets would boost the tax share of local governments, he said.

He said the passage of the sin tax bill has been the subject of a huge opposition lobby from cigaret and alcohol firms.

The Philippines currently has the cheapest alcohol and cigarets in Asia because of much lower taxes on such items, he added.

The governor said the hike in taxes on alcohol and cigarettes appears to have the support of Negros Occidental solons, and he is hoping the others will also support it for the good of local governments.*CPG

 

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