Philippines, 03 Apr 2025
  Home >> News

 


BOXERS

CURRENT CHAMPIONS 

FORMER CHAMPIONS   

RATINGS                       

NEWS           

FORUM        

FIGHT GALLERIES        

RING CARD GIRLS        


 
 
News  


SEN. PACQUIAO BACKS HIKE ON ALCOHOL EXCISE TAX


PhilBoxing.com




SENATE ? After advocating for a higher tax on cigarettes, Sen. Manny Pacquiao is hellbent on pushing for an increase in alcohol excise tax.

In 2017, Pacquiao sponsored Senate Bill 1599, proposing to increase tobacco tax rate of PhP30 pesos per pack to PhP60 pesos starting 2018 and nine percent per year thereafter.

SB 1599 is now being taken up at the Bicameral Conference level.

Some individuals representing the tobacco industry had approached Pacquiao to lobby for a lower excise tax on tobacco products, but the Mindanao lawmaker refused to budge.

?This is for the interest of our country and the welfare of the greater majority. So, I stood pat on my decision to push for a higher excise tax on tobacco products,? Pacquiao said.

In a meeting with the representatives of the Department of Finance (DOF) and the Department of Health (DOH) on Monday morning (Feb. 4) right in his office, Pacquiao vowed to support the agencies? proposal to impose higher excise tax on alcohol products.

The DOF and the DOH are pushing for alcohol tax reform to source out funding for the full implementation of the government?s Universal Health Care (UHC) Law and to dissuade the public from excessive alcohol intake.

The DOF claimed that the government needs around PhP40 billion additional funding for the first year implementation of UHC program.

The UHC Act is set to be implemented starting this year.

According to the DOF, the current alcohol excise tax collections are not proportionate to prevailing rate of alcohol consumption throughout the country.

DOH 2015 data showed that around 55 percent or more than half of the country?s total population belonging to age bracket 20 years old and above indulge in binge drinking.

Out of that figure, 58.8 percent are males while 41.9 percent are females.

Based on the 2018 data from the Institute for Health Metrics and Evaluation, alcohol is the seventh leading risk factor for deaths and is, in fact, the leading risk factor for deaths among people aged 15-49 years old.

Also, 2018 data from Global Status Report on Alcohol and Health showed that 66 percent cases of liver cirrhosis among males were caused by excessive alcohol intake.

According to the DOH record, around 2,875 road mishaps resulting to death were cause by binge drinking.

The DOH believed that binge drinkers should be held responsible for the negative alcohol effects ? crimes, drunk driving, domestic violence and loss of productivity ? in society.

The DOF-DOH alcohol tax reform, proposed a 67 percent price hike from PhP24 to PhP40 on all fermented liquors ? Beer, Ale, Basi, Lager, Porter and Tapuy ? starting 2019, then five-peso price increase every year until 2022.

On distilled spirits which include Gin, Brandy, Vodka, Whiskey, Rum and Tequila, the proposal was 167 percent price increase ? from PhP22.5 to PhP60 ? beginning this year then around PhP5 price hike every year until 2022.

The DOF-DOH proposed about 10 percent price surge on sparkling wines/champagnes, while around 10 percent upsurge was also being pushed on all still wines and carbonated wines.

The DOF-DOH claimed target revenues that may be generated from the increase in alcohol excise tax would be enough to finance the implementation of UHC Act.


Click here to view a list of other articles written by Aquiles Z. Zonio.


Recent PhilBoxing.com In-House articles:

  • 5 Pinoy boxers to fight in Japan
    By Lito delos Reyes, , Thu, 03 Apr 2025
  • Transatlantic Clash II - "Battle at the Bridge"
    , Thu, 03 Apr 2025
  • Marco “El Tiburón” Romero moving up to scheduled 6-round bout next
    , Thu, 03 Apr 2025
  • Filipino chess phenom wins at Spring Blitz Chess Championship in Dubai
    By Marlon Bernardino, , Thu, 03 Apr 2025
  • Team USA Advances Two More Boxers to Medal Rounds at World Boxing Cup: Brazil 2025
    , Thu, 03 Apr 2025
  • IM Bagamasbad eyes GM title in Australian Chess Circuit
    By Marlon Bernardino, , Thu, 03 Apr 2025
  • SAMPSON BOXING SIGNS TOP UNDEFEATED LIGHT FLYWEIGHT CONTENDER ERICK BADILLO TO CO-PROMOTIONAL CONTRACT
    , Thu, 03 Apr 2025
  • TURKISH KNOCKOUT ARTIST ELIF NUR TURHAN PENS PROMOTIONAL DEAL WITH MATCHROOM
    , Thu, 03 Apr 2025
  • The Past Week in Action 31 March 2025: Norman Stops Cuevas in 3; Mayer Outpoints Ryan; Zepeda Edges Farmer; Collazo Stops Cano; Yabuki KOs Ayala
    By Eric Armit, , Wed, 02 Apr 2025
  • Wild and Wooly Wind-up Seen in West Top 3-6
    By Teodoro Medina Reynoso, , Wed, 02 Apr 2025
  • Rise of the Samurai: Inoue vs Nakatani in 2026
    By Carlos Costa, , Wed, 02 Apr 2025
  • Undefeated super middleweight prospect Tommy Hyde a true Irish Road Warrior In Australia for April 11th fight
    , Wed, 02 Apr 2025
  • Melvin the Avenger
    By Joaquin Henson, , Wed, 02 Apr 2025
  • WORLD-RANKED LIGHTWEIGHT ARMANDO MARTINEZ RABI TO FACE ALBERTO GUEVARA IN MAIN EVENT OF FISTS OF FURY 6
    , Wed, 02 Apr 2025
  • Carlos Flowers Shines on Day One for Team USA in World Boxing Cup: Brazil 2025
    , Wed, 02 Apr 2025
  • Tellez Sisters Reina and Gabriela Sign with Boxlab Promotions
    , Wed, 02 Apr 2025
  • Arena Grand Master Mohamad Sacar sweeps 1st Vientiane Open FIDE Rated Standard Chess Tournament
    By Marlon Bernardino, , Wed, 02 Apr 2025
  • Unbeaten junior middleweight prospect Anthony “ATV” Velazquez Ready to bust out of New England
    , Tue, 01 Apr 2025
  • BOOTS VS. STANIONIS – ‘MAKE THE DAYS COUNT’ PREMIERES NOW
    , Tue, 01 Apr 2025
  • “THE FILIPINO FLASH” NONITO DONAIRE TO MAKE FIRST VISIT TO CANASTOTA FOR 2025 HALL OF FAME WEEKEND FESTIVITIES
    , Tue, 01 Apr 2025
  • Tokyo Olympian Rashida Ellis signs long term management contract with Trifon Petrov
    , Tue, 01 Apr 2025
  • Fightbook Adds Brendan Gibbons to Lead Athlete & Fan Activation Strategy
    , Tue, 01 Apr 2025
  • BOXLAB PROMOTIONS RETURNS TO ORLANDO FOR ACTION-PACKED FIGHT NIGHT ON APRIL 18
    , Tue, 01 Apr 2025
  • Takeaways From Last Weekend's Fights in Japan
    By Teodoro Medina Reynoso, , Mon, 31 Mar 2025
  • Lope Tenorio: El Bulakeño Matón (The Bulacan Brawler)
    By Emmanuel Rivera, RRT, , Mon, 31 Mar 2025




  •  



     
    PhilBoxing.com has been created to support every aspiring
    Filipino boxer and the Philippine boxing scene in general.
    Please send comments to feedback@philboxing.com


    PRIVATE POLICY | LEGAL DISCLAIMER
    developed and maintained by dong secuya
    © 2025 philboxing.com.