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LPA brings more rain on Thursday

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 The low-pressure area (LPA) and the southwest monsoon affecting southern Luzon, the Visayas, and Mindanao, will bring rain in most parts of the country Thursday. In its 4 a.m. weather bulletin, the Philippine Atmospheric, Geophysical and Astro...

Lt. Gen. Guillermo Eleazar

Task Force readies uniform quarantine rules for barangays

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The Joint Task Force Covid Shield drafted guidelines on the barangay-level implementation of mandatory wearing of face masks and other quarantine rules aimed at preventing the spread of the coronavirus disease 2019 (Covid-19). Lt. Gen. Guillermo Ele...

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Chooks 3x3 gets pro league status 

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Chooks-to-Go Pilipinas 3x3 commissioner Eric Altamirano thanked the Games and Amusements Board (GAB) for giving his league the professional status it deserves. In a virtual press conference on Wednesday night, the Chooks 3x3 league announced that it...

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Senate President Pro Tempore Ralph Recto

Senators propose ‘junk food’ tax 

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Senators proposed the imposition of taxes on so-called junk food to raise funds for easing the economic impact of the coronavirus disease 2019 (COVID-19) pandemic.

The senators, however, stressed that raising funds through new taxes must be carefully calibrated even if there are tempting “low-hanging fruits” such as taxes on the so-called “sin products,” which have not been been fully implemented yet.

“The other possible sin tax that government may possibly look at is from junk food, which has zero
nutritional value and targets the youth. It has been proven that junk food causes obesity and other heart ailments,” Sen. Sherwin Gatchalian, vice chairman of the Senate committee on economic affairs, said over the weekend.

The Department of Finance last February reported that excise tax collections from products such as tobacco, alcohol and sweetened beverages have raised a total of P269.1 billion in revenues in 2019.

Finance officials then estimated the government would be able to raise around P332.3 billion from sin taxes this year as it will now cover e-cigarettes, plus the scheduled increase in alcohol and tobacco excise taxes. The proceeds are to be used to implement the Universal Health Care Law.

However, the pre-COVID projections are not expected to be met due to the looming economic recession.

Senate President Pro Tempore Ralph Recto earlier warned that raising taxes in general “is not a good idea” at this time, but conceded it may be needed to be imposed in the next months.

The DOF earlier told senators during deliberations on the proposed replacement for the Bayanihan to Heal as One Act or “Bayanihan 2” that the national coffers can only spare P140 billion this year for the economic stimulus measure.

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