Fiscal Policy

50 centavos for 51,000 lives

Press Release – Action for Economic Reforms – 22 October 2012 How much is one life worth? How about 51,000 lives? These were questions raised by civil society and health advocates in a press conference today in Quezon City. In a presentation, Dr. Antonio Dans of the UP College of Medicine compared the impact of [...]

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P40 billion is good, P60 billion is better – sin tax advocates

Press release – Action for Economic Reforms – 18 October 2012 Advocates for reform of the sin tax bill said on Thursday that the P40 billion target for a new sin tax bill to be crafted is good. But the P60 billion is better. Filomeno Sta. Ana of the Action for Economic Reforms (AER) said [...]

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AER welcomes Drilon as acting chair of Ways and Means, renews call for more responsive sin tax bill

Press Release – Action for Economic Reforms – 17 October 2012 The Action for Economic Reform welcomed on Tuesday the designation of Sen. Franklin Drilon as acting chair of the Senate Ways and Means Committee after Sen. Ralph Recto resigned from his position as chair. Filomeno Sta. Ana said Drilon would be in a better [...]

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Jamby Madrigal supports the real sin tax reform, not the Philip Morris bill

Press Release – Action for Economic Reforms – 16 October 2012 Amid the public outcry against the Senate version of the sin tax bill, former Senator Jamby Madrigal, said “this bill does not only generate less revenue for health care but also increases demand for lower priced cigarettes. This is the same dog with a [...]

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Recto’s false smuggling report

In his sponsorship speech of his version of the sin tax reform bill, Sen. Ralph Recto says that “a higher tax rate does not automatically result in higher collections” and will result in smuggling. The Recto report presents anecdotal data from a few carefully selected countries (with no references) to convey a general story that [...]

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Recto liable for violation of ethics for government officials

Press Release – Action for Economic Reforms – 14 October 2012 Sen. Ralph Recto is liable for violating government rules and standards for government officials, sin tax reformers said on Sunday. Filomeno Sta. Ana of the Action for Economic Reform (AER) was reacting to reports Recto met with officials of the tobacco industry prior to [...]

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