Tag: higher prices

Zarate files bill aimed at repealing “anti-poor, anti-people” TRAIN provisions

(Eagle News) — Bayan Muna Rep. Carlos Zarate has filed a bill which he said “will repeal the anti-poor and anti-people provisions” of the Tax Reform for Acceleration and Inclusion law. In a statement, Zarate said House Bill 7653 will remove the excise tax added to sugar-sweetened beverages. He said HB 7653 will also restore the Value Added tax exemption of low-cost housing, among others. “We hope that this bill will be fast-tracked by Congress because the economic […]