Sin Tax Bill Status

Posted by Denice

We hate any new increase of taxes but if this tax will benefit many people, then who are we to oppose? With the new sin tax bill, the government gets its share of the revenues from cigarettes and beverages. The bill has already been approved in the bicameral committee and only the signature of the president is needed so that it will come into law. Aside from that, it can add funds for public health services and subsidies to workers in the affected tobacco and alcohol industries. It will also lessen related diseases caused by smoking and drinking. I am sure those who buy rocky patel cigars and other beverages will be minimized and hopefully many will stop their vices.

This entry was posted on December 15, 2012 at 12:35 AM . You can follow any responses to this entry through the comments feed .

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