https:\/\/bit.ly\/3xpkVDC<\/a> <\/p>\n\n\n\n\u201cSo my approach would be to continue to collect the excise tax but provide an oil subsidy so that anybody who is using oil-related products which is basically everybody, [so that everybody] will feel the effect, not only yung nasa listahan,\u201d Marcos said.<\/p>\n\n\n\n
This is debunked by critics, and cited his family’s debt worth P203 billion to contribute largely in alleviating the Filipinos’ burden in paying off the Duterte administration’s P12.8 trillion national debt.<\/p>\n\n\n\n
However, the Department of Finance (DOF) has proposed alternative measures in taxing other products and services to generate billions in paying said national debt. Among these include digital services, single-use plastics, cryptocurrencies, and motorcycles. <\/p>\n\n\n\n
Anakpawis, together with other labor and transport groups, have been proposing the suspension of excise taxes after the incessant oil price hikes. Casilao noted that in March, jeepney drivers suffered additional fuel costs monthly from P8,000 to P20,000. Farmers also suffered additional costs for land preparation and irrigation of more than P8,000, while fisherfolk for 16-fishing day month of P3,800.<\/p>\n\n\n\n
\u201cMay krisis sa presyo ng produktong langis at apektado ang buong sambayanan, pero si Duterte, patuloy pa rin ang pagpataw ng excise tax sa mga ito, at hindi pa rin pinakikinggan ang malawakang panawagan para suspendihin ito, Anakpawis Party-list National President, Ariel Casilao, stated in a press statement.<\/p>\n\n\n\n
Anakpawis has also been continuously demanding the repeal of the Oil Deregulation law, together with the enactment of alternative bills filed by lawmakers under the Makabayan coalition. <\/p>\n\n\n\n
Casilao called for collective action to suspend the excise taxes and the VAT. <\/p>\n\n\n\n
As of June 7’s oil price hike, Anakpawis reported that the suspension of excise taxes and removal of VAT would incur a decrease in prices of gasoline to P57.84, diesel to P65.34, and kerosene to P70.35.<\/p>\n\n\n\n
\u201cKung hindi tayo kikilos, idudulot nito ang papalalang kahirapan, kagutuman, at mismong pagbagsak ng buong ekonomiya,\u201d Casilao concluded.<\/p>\n\n\n\n
Featured image by Rodel Taton<\/em><\/p>\n\n\n\n
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