Lawmakers protest proposed increase on VAT

QUEZON City, Philippines, Sept. 1 (Eagle News) — The administration and independent minority bloc in the House of Representatives joined forces to protest the proposed increase in the value-added tax by the Department of Finance, saying that it makes no sense to lower the income tax of laborers then subject them to high VAT rates.

(Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)