SOME senators on Wednesday, March 16, 2022, called for the temporary suspension of excise tax on fuel products, saying the P200 per month per household subsidy is not enough amid...
SOME senators on Wednesday, March 16, 2022, called for the temporary suspension of excise tax on fuel products, saying the P200 per month per household subsidy is not enough amid the increase in fuel prices.
But presidential candidate Senator Panfilo Lacson said in a press conference Wednesday, March 16, that the P200 per month cash aid is too small, thus excise taxes should be temporarily suspended until the conflict between Russia and Ukraine deescalates.“Mag-suspend lang ng three months, hanggang lumipas 'yung invasion ng Russia sa Ukraine. Kasi ‘yun talaga 'yung primary cause kung bakit tumaas ‘yung fuel, e hindi naman permanente 'yung giyera,” he added.
Pangilinan said suspending the excise tax on fuel will help lower the prices of fuel and many will benefit from this. “The government must not scrimp on aid to help our people feed their families, live decently, return to work safely and spur economic activity,” she said.
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