House approves on 2nd reading new sin taxes

MANILA, Philippines --- The House plenary on Wednesday night approved on second reading a bill increasing the excise tax rates on liquor and heated tobacco and vapor products just a day after it was approved by the Committee on Ways and Means. READ: House panel OKs bill on liquor tax hike The approval of House Bill No. 1026 was made via a vote of ayes or nays during the 11th plenary session of the House. During the period of debates and amendments, Bayan Muna Rep. Carlos Zarate and Cagayan de Oro 2nd District Rep. Rufus Rodriguez questioned the insertion of the provisions on heated tobacco and vapor products, which were not part of the bill approved by the ways and means panel o...

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