Romualdez: House to pass PRRD’s tax and economic reform measures by end of the year

PR

The House of Representatives will work hard to pass President Duterte’s tax and economic reform measures by the end of the year to further propel the country’s economic growth. If we can sustain this, we might go to greater heights never seen before.

Some of these measures are alcohol taxes; property valuation; and capital Income Tax.

Lifting Filipinos out of poverty is the top priority of President
Duterte in the next three years and we need everybody’s support for this mission. The numbers now are good. All poverty indicators are at all-time low. We just need to stay on the course and make sure that all the programs and policies are in place for the next phase of the war against poverty.

Taxes are considered the lifeblood of the nation. The government needs funds to operate smoothly, so it can serve the people properly.

However, it is our duty to consult the people when imposing additional taxes. We will make sure that the measures to be approved are reasonable and acceptable to all.

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