Higher vape taxes, green levies to offset P50-B tax relief cost – R. Quimbo

MANILA, Philippines — The estimated P50-billion revenue loss from President Ferdinand R.

Marcos Jr.’s proposed tax relief package for Filipino workers can be fully offset through higher taxes on vape products, tobacco, sugar-sweetened beverages and single-use plastics.

Rep.

Romero “Miro” Quimbo, chairman of the House ways and means committee, announced the estimate on Tuesday during ...