{"id":112777,"date":"2017-08-17T22:43:18","date_gmt":"2017-08-18T02:43:18","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=112777"},"modified":"2017-08-17T22:43:42","modified_gmt":"2017-08-18T02:43:42","slug":"tax-reform-package-to-fund-pro-people-projects-economic-managers","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/08\/17\/tax-reform-package-to-fund-pro-people-projects-economic-managers\/","title":{"rendered":"Tax reform package to fund &#8216;pro-people&#8217; projects &#8212; economic managers"},"content":{"rendered":"<figure id=\"attachment_112778\" aria-describedby=\"caption-attachment-112778\" style=\"width: 415px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Angara1015.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-112778\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Angara1015.jpg\" alt=\"\u201cKausap namin yung mga hepe ng economic agencies, e, pumayag naman sila for five years na i-allot natin sa pro-people projects, pangtulong sa mahihirap (We spoke to heads of economic agencies and they agreed to allot revenue for pro-people projects for five years),\u201d Sen. Edgardo &quot;Sonny&quot; Angara told reporters in an interview. (PNA Photo)\" width=\"415\" height=\"260\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Angara1015.jpg 415w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/Angara1015-300x188.jpg 300w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\" \/><\/a><figcaption id=\"caption-attachment-112778\" class=\"wp-caption-text\">\u201cKausap namin yung mga hepe ng economic agencies, e, pumayag naman sila for five years na i-allot natin sa pro-people projects, pangtulong sa mahihirap (We spoke to heads of economic agencies and they agreed to allot revenue for pro-people projects for five years),\u201d Sen. Edgardo &#8220;Sonny&#8221; Angara told reporters in an interview. (PNA Photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; Economic managers have agreed to use revenue from the Duterte administration\u2019s proposed tax reform package to \u201cpro-people\u201d projects, a senator said Thursday.<\/p>\n<p>\u201cKausap namin yung mga hepe ng economic agencies, e, pumayag naman sila for five years na i-allot natin sa pro-people projects, pangtulong sa mahihirap (We spoke to heads of economic agencies and they agreed to allot revenue for pro-people projects for five years),\u201d Sen. Edgardo &#8220;Sonny&#8221; Angara told reporters in an interview.<\/p>\n<p>Angara said that pro-people projects that should be funded include the free college law, the expansion of free dialysis coverage, and the improvement of public transportation system.<\/p>\n<p>&#8220;Sana, hindi na magbago yung ganung agreement. Kumbaga, pag-uusapan na lang kung saan talaga ilalagay (I hope the agreement doesn\u2019t change. We\u2019re really going to talk about where it should be placed),\u201d he added.<\/p>\n<p>According to the Department of Finance (DOF), the government can collect some PHP134 billion during the first year of implementation of the proposed tax reform package.<\/p>\n<p>In a separate interview, Senator Sherwin Gatchalian said that delivering the PHP200 could be a \u201creally big challenge\u201d in\u00a0sending the amount to families who live in the mountains and other far-flung areas.<\/p>\n<p>The tax-reform package seeks to lower personal income tax rates, expand the value-added tax (VAT) base, raise excise taxes on petroleum and automobiles, impose an excise tax on sugar sweetened beverages and ease the rates of estate and donor\u2019s taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; Economic managers have agreed to use revenue from the Duterte administration\u2019s proposed tax reform package to \u201cpro-people\u201d projects, a &hellip;<\/p>\n","protected":false},"author":33,"featured_media":112778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[5992,11489,13683],"class_list":["post-112777","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","tag-dof","tag-sonny-angara","tag-tax-reform","mauthors-azer-parrocha","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/112777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=112777"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/112777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/112778"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=112777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=112777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=112777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}