Preview

Sintax Bill

Good Essays
Open Document
Open Document
519 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sintax Bill
MANILA — Senate floor debates on the controversial measure imposing higher taxes on cigarette and alcoholic products will begin this week so that projected proceeds will be factored in the proposed P2-trillion national budget for next year.
In separate interviews, Senators Edgardo Angara and Franklin Drilon said there is a need to pass the sin tax bill as soon as possible to address the P24-billion financial gap on the health sector.
The Department of Health has been allocated with P54 billion for 2013 but Drilon said the agency requires P77.4 billion for it to enrol
5.2 million families more in PhilHealth, construct/repair regional and provincial hospitals and fund immunization programs.
“So, if we don’t get additional budget under the sin tax, we would not be able to address the budget gap and we should not be able to deliver the services that the government should deliver,” Drilon told reporters late Monday.
During the deliberations, amendments will be introduced to Committee Report 411 introduced by Senator Ralph Recto, who resigned last month as ways and means committee chairperson after drawing criticism for eyeing only P15 billion in initial collections.
“We will be endorsing a committee report that proposes an increase on both cigarettes and liquors; but on the rates, we will propose amendments. In the same manner that the original report recognized the fact that there will be amendments. In fact, Senator Recto, in his speech, said that,” Drilon said.
The Department of Finance earlier lowered its proposal to P40 billion worth of revenues for the first year of implementation from the original P60 billion following a meeting with senators in October.
At the very least, Drilon said it will not just be P24 billion because tobacco farmers are also entitled to 15 percent of the increment under the law. For his part, Angara sees the P30 billion-P40 billion as the “sweet spot.”
“That is my calculation of what could be acceptable. There is a level where we

You May Also Find These Documents Helpful

  • Good Essays

    Since 1946, with the construction of new hospitals and the updating of existing facilities, the Public Health Service has provided national leadership in hospital planning, research, and…

    • 488 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Erik Fisher, football celebrity, dating a cheerleader, and has two scholarship offers. He seems like the perfect high schoolar. His admirers show that, but nothing is that perfect, ever. So what is this football star hiding? What goes on behind the closed doors of the Fisher house? How about the new football superstar nearly blinding his brother Paul Fisher with spray paint? Or, punching a middle schoolar? Or how about stealing from families? He isn’t as perfect as he seems. Conclusively, Erik doesn’t make very good choices in the novel.…

    • 674 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Koror Jail Rehabilitation

    • 1577 Words
    • 7 Pages

    medical and other necessities for the 707 adults per 100,000 population that are part of…

    • 1577 Words
    • 7 Pages
    Better Essays
  • Best Essays

    The National health expenditures is defined as any funds spent on and for healthcare services. Healthcare funding consists of individual, public, and private sectors as well as funding for research and the construction of healthcare facilities (Delaware Health, n.d). Currently the national healthcare expenditure is at an all time high. In 2011 the national health expenditure was estimated to be around $2.8 trillion dollars (Heffler, Smith, Won, Clemens, Keehan and Zezza).…

    • 1633 Words
    • 7 Pages
    Best Essays
  • Good Essays

    ACC 202 WEEK 2 ASSIGNMENT

    • 828 Words
    • 4 Pages

    From as long as I could remember Taxes have always been apart of our daily lives. Taxes can often be a big burden for most, they can also be a help and used for many other functions. If it was not for taxation our roads, public buildings would be a complete mess. Our emergency services such as, law enforcement, EMT, and Fire/rescue thrive off of tax dollars, many of our healthcare offices also use tax payers money to stay open. The taxing process from distribution to collecting them has people on the fence with different point of views. In this paper I will be discussing the questions raised about taxation.…

    • 828 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The role of Government and its role in the development of fiscal policy have been discussed vigorously in society and have led to the question .What is a good fiscal policy? The key consensus is that a…

    • 340 Words
    • 2 Pages
    Good Essays
  • Good Essays

    After fully comparing the 3 alternatives I would recommend to combine the maintenance departments for all 3 hospital and move the first 3 level of repair operations – preventative maintenance, pre-repair screening and minor repairs to in-house.…

    • 1617 Words
    • 8 Pages
    Good Essays
  • Good Essays

    School Bond Case Study

    • 1133 Words
    • 5 Pages

    Allocates revenues primarily to increase funding for existing healthcare programs; also for tobacco use prevention/control programs, tobacco-related disease research and law enforcement, University of California physician training, dental disease prevention programs, and administration. Excludes these revenues from Proposition 98 funding requirements. If tax causes decreased tobacco consumption, transfers tax revenues to offset decreases to existing tobacco-funded programs and sales tax revenues. Requires biennial…

    • 1133 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    To deliver a measured and balanced consolidation of around 0.5 per cent of GDP a year on average from 2013-14.…

    • 1257 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Hoffer, A.J, Shugart, W.F, Thomas, M.D (2013, February 5), Sin Tax Costs Outweigh Benefits, U.S News World Report…

    • 7239 Words
    • 29 Pages
    Better Essays
  • Good Essays

    Australian Federal Budget

    • 1098 Words
    • 5 Pages

    In the following financial year, Government focus of fiscal policy has shifted from expansion to contraction, by achieving a small surplus of$1.5billion. Therefore government has decided to reduce greatly especially on the business tax cuts. However there have been concerns about the' over-expected' economy, due to the fact that the non-GST revenue is $ 4.5 billion lower than forecast, thus the effectiveness of government to make the coming year a surplus will be rarely low. Moreover, the low inflation also indicates that there will be a decrease in the economic activity in the following year, if government insist for a surplus may lead insufficient support to some community group, e.g.…

    • 1098 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Globalization101 Unit 7

    • 912 Words
    • 4 Pages

    Another measure which could be taken, is providing the population with free or cheap vaccinations, especially…

    • 912 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    In Bouriana Zakharieva’s essay, Frankenstein of the Nineties: The Composite Body, Kenneth Branagh’s 1994 film version of Mary Shelley’s novel, Frankenstein is discussed and examined in relation to its literary counterpart. A more recent film that seems to parallel the novel is Colin Trevorrow’s 2015 film, Jurassic World. The film is about a theme park that has created a genetically modified, hybrid dinosaur called the Indominus Rex. There are many similarities between the film and Shelley’s nightmarish story, one is the motif of science versus nature and the unnatural creation of life by scientists. With the “progress” of technology our culture reflects the fear of creating our own destruction. Jurassic World is a modern Frankenstein formed…

    • 1529 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Weight Discrimination

    • 1940 Words
    • 8 Pages

    According to the National Institute of Health, between $75 and $125 billion is spent annually on…

    • 1940 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    If we consider all the factors that have taken paly in this, we see that everything plays a part. This article helps define the issues in an economic perspective. They define in depth the major problem is the health labor market. It breaks down the system into categories we can look at starting with employment growth, gender issues, medical education, professional associations, hospitals, and even considering donor agencies.…

    • 727 Words
    • 3 Pages
    Good Essays