Shortsighted and unconscionable.
This was how Sen. Panfilo M. Lacson assailed Saturday a plan by the Bureau of Internal Revenue (BIR) to impose a whopping 2,600-percent tax hike on operators of buses, passenger jeeps and taxis to make up for its tax collection shortfall. Continue reading “2600% Tax Hike on Transport Operators Shortsighted, Unconscionable”