Tag: tax reform

Interpellation on the General Principles of the P4.1-Trillion Proposed 2020 Budget

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I just hope we won’t have any more reenacted budget. As we all know by now, it is the economy that is suffering. Having said that, I have some issues and concerns that need to be clarified. If the sponsor is willing to accommodate just a few points I’d like to raise.” – Sen. Lacson’s opening statement at his interpellation (general principles) on the proposed 2020 budget.

QUOTES and NOTES:
Continue reading “Interpellation on the General Principles of the P4.1-Trillion Proposed 2020 Budget”

Kapihan sa Senado forum | Aug. 2, 2018

At the Kapihan sa Senado forum, Sen. Lacson answered questions on:
– House leadership change and Mayor Sara Duterte’s alleged role
– Lamitan suicide bombing
– Internal cleansing vs scalawags in the PNP
– Charter change and federalism
– Using seized smuggled high-end vehicles vs criminals
– firing of Deputy Ombudsman Carandang
– US proceedings vs Janet Napoles
– TRAIN-2 in the Senate
– proposed 60-40 joint exploration with China in the West PH Sea

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Quotes from the interview…
Continue reading “Kapihan sa Senado forum | Aug. 2, 2018”

Interview on CNN Philippines | Aug. 1, 2018

In an interview on CNN Philippines, Sen. Lacson answered questions on:
– Basilan bombing
– leadership row at the House of Representatives
– Senate unity on Charter change
– Mayor Sara Duterte and the political landscape
– TRAIN

Quotes from the interview…  Continue reading “Interview on CNN Philippines | Aug. 1, 2018”

Kapihan sa Senado forum | July 5, 2018

At the Kapihan sa Senado forum, Sen. Lacson answered questions on:
– Killing of Mayor Halili
– Criminals getting bolder despite anti-crime drive
– Need for PNP to clamp down on loose firearms
– irregularities surrounding PNP acquisition of Mahindra vehicles
– Inflation up to 5.2%
– TRAIN woes
– National ID bill update
– PRRD clarification he never ordered anti-jueteng operations stopped

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Quotes from the interview…
Continue reading “Kapihan sa Senado forum | July 5, 2018”

On the Duterte Administration’s First Two Years

Even during the 2016 presidential campaign, when he persistently pitched for a six-month deadline to solve the drug problem in the country, I already pointed out it was impossible. It remains as impossible as saying he can stop crime.

After two years, it may be wise and prudent for his top advisers to go back to the drawing board and reassess what they did wrong and what they are doing right, not only in the fight against crime and corruption, which is the centerpiece of the Duterte administration’s deliverables, but in the economic sector as well.

For one, the peace-and-order strategy is long on crime suppression and short on prevention. It should be the other way around. We prevent crimes, and those that cannot be prevented from being committed must be suppressed with solid solution through efficient investigative work and techniques.

On the revenue side, the TRAIN law needs to be revisited and amended, and the President, with all his strong influence over Congress, must put his foot down on vested interests of some members of both houses.

On the expenditure side, a.k.a. the General Appropriations Act, the same influence is suggested to minimize wastage of the government’s hard-earned resources by strictly adhering to the existing jurisprudence outlawing pork barrel, which is still evident among selected members of Congress, a few of whom enjoyed as high as nine-figure insertions during the last two budget years under the Duterte administration.

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Lacson believes VAT exemption privileges reduction key to solving TRAIN law problems [Manila Bulletin]

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From the Manila Bulletin: Lacson said the best way to counter the high cost of fuel and other petroleum products would be to limit the number of VAT exemptions being granted by the government.

Related:
Ibaba ang buwis: Bawasan ang VAT exemptions
Kung mababawasan ang 143 VAT exemptions…
Sen. Lacson proposes amendments to the Tax Reform Bill

Continue reading “Lacson believes VAT exemption privileges reduction key to solving TRAIN law problems [Manila Bulletin]”

Interview on DZBB | May 27, 2018

In an interview on DZBB, Sen. Lacson answered questions on:
– the National ID system
– tax reform measures

Quotes from the interview…  Continue reading “Interview on DZBB | May 27, 2018”

#PingTweets: On the TRAIN law

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Related:
Ibaba ang buwis: Bawasan ang VAT exemptions
Kung mababawasan ang 143 VAT exemptions…
Sen. Lacson proposes amendments to the Tax Reform Bill

#PingTweets: On President Duterte’s vetoing of some provisions in the TRAIN

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Related:
Duterte vetoes five provisions of TRAIN (PhilStar)
Billions of pesos worth of vested interests in TRAIN and GAA

Kung TAX REFORM na PRO-POOR ang hangad natin, dapat walang mayayamang negosyo ang libre sa pagbabayad ng VAT, dahil sino ang sasalo? TAYO yan.

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Related:
At a Glance: Making VAT simpler, fairer and more efficient
Kung mababawasan ang 143 serbisyo at produktong libre sa VAT…

Kung mababawasan ang 143 serbisyo at produktong libre sa VAT, tataas ang koleksiyon sa buwis – isang batayan para posibleng ibaba ang VAT sa konsyumer

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#PingSays: On VAT exemptions, alleged executions, questionable claimants in DPWH’s 2018 budget | Nov. 28, 2017

In an interview, Sen. Lacson answers questions on:
– VAT exemptions in the Philippines
– alleged execution
– DPWH pool funds in the proposed 2018 budget

Quotes from the interview… Continue reading “#PingSays: On VAT exemptions, alleged executions, questionable claimants in DPWH’s 2018 budget | Nov. 28, 2017”

#PingTweets: Taxing Vanity

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On Facebook: BoTAX o LipoTAXtion?

Opening Prayer for the Senate Regular Session

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Interview on DZBB | Nov. 26, 2017

In an interview on DZBB, Sen. Lacson answers questions on:
– DPWH claimants named John Doe and Unknown
– Merits of removing exemptions from the VAT
– Pork-like entries in the proposed 2018 budget
– NPAs as ‘terrorist’ group

Quotes from the interview… 
Continue reading “Interview on DZBB | Nov. 26, 2017”

#PingTweets: We missed the TRAIN

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Related:
Ibaba ang VAT sa 10%
Bawasan ang VAT exemptions

Kung mababawasan ang mga exempted sa VAT, tataas ang pondo ng gobyerno at puwedeng maibaba ang presyo ng mga serbisyo at produkto

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Related: Ibaba ang VAT sa 10%

Sen. Lacson Proposes Amendments to the Tax Reform Bill

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#PingSays: To unburden taxpayers: Sen. Lacson pushes removing exemptions from VAT | Nov. 22, 2017

Sen. Lacson pushes for lowering the VAT rate to 10% and for removing many of the 143 exemptions to VAT.

Quotes from the interview…  Continue reading “#PingSays: To unburden taxpayers: Sen. Lacson pushes removing exemptions from VAT | Nov. 22, 2017”

At the Senate Deliberations on the Tax Reform Bill

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Continue reading “At the Senate Deliberations on the Tax Reform Bill”

Sen. Lacson Interpellates Sen. Angara on the Tax Reform Bill

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#PingSays: Assessment of President Duterte’s 2nd SONA | July 25, 2017

In an ambush interview, Sen. Lacson answers questions on:
– tax reform package
– assessment of President Duterte’s 2nd SONA
– passage of death penalty bill in the Senate

Quotes from the interview…  Continue reading “#PingSays: Assessment of President Duterte’s 2nd SONA | July 25, 2017”