Philippines, 03 May 2024
  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:

  • May 18: Tyson Fury-Oleksandr Usyk UNDISPUTED Heavyweight Title Showdown to Stream LIVE on Top Rank on ESPN+ PPV
    , Fri, 03 May 2024
  • JARON ‘BOOTS’ ENNIS TO DEFEND WORLD TITLE AGAINST CODY CROWLEY AT WELLS FARGO CENTER ON JULY 13
    , Fri, 03 May 2024
  • Sanman to help Samal Paddlers in dragon boat
    By Lito delos Reyes, , Fri, 03 May 2024
  • 2024 Kiddies Chess Championships today
    By Marlon Bernardino, , Fri, 03 May 2024
  • Saul “Canelo” Alvarez vs Jaimie Mungia (Fight Analysis)
    By Ralph Rimpell, , Fri, 03 May 2024
  • OSCAR DE LA HOYA AND GOLDEN BOY PROMOTIONS TO RETURN TO TURNING STONE FOR INTERNATIONAL BOXING HALL OF FAME WEEKEND
    , Fri, 03 May 2024
  • “Redemption Road: The Path Back to Glory” Debuts SUNDAY Ahead of Lomachenko-Kambosos Lightweight Title Showdown
    , Fri, 03 May 2024
  • Star Boxing’s super welterweight contender Wendy Toussaint will travel to the Emperors Palace in Kempton Park, South Africa to take on Shervantaigh Koopman
    , Fri, 03 May 2024
  • Labor Lakers play Kickstarter MLCG in Sanman on May 3
    By Lito delos Reyes, , Fri, 03 May 2024
  • DENNY VS. CASH LAUNCH PRESS CONFERENCE QUOTES
    , Thu, 02 May 2024
  • Nattapong Jankaew Prepares for Career-Defining Match Against Former Unified World Champion Marlon Tapales in WBC Regional Title Showdown
    , Thu, 02 May 2024
  • Boston Routs Miami Anew, 118-84 to End Series at 4-1; Dallas Demolishes LA Clippers, Moves Ahead 3-2
    By Teodoro Medina Reynoso, , Thu, 02 May 2024
  • GOLDEN BOY STATEMENT ON RYAN GARCIA'S POSITIVE TEST FOR BANNED SUBSTANCE
    , Thu, 02 May 2024
  • LORENZ DUMAM-AG STOPS RAMEL MACADO JR IN FIRST ROUND IN BATTLE OF UNDEFEATED (VIDEO)
    By Dong Secuya, , Thu, 02 May 2024
  • Croft wins by UD
    By Lito delos Reyes, , Thu, 02 May 2024
  • Top Rank Presents Undisputed Junior Featherweight Championship: Naoya Inoue vs. Luis Nery
    , Thu, 02 May 2024
  • HAMZA UDDIN READY TO SHINE IN BIRMINGHAM: 'YOU HAVEN’T SEEN ANYTHING YET'
    , Thu, 02 May 2024
  • Heavyweight Quintin Sumpter Embraces the Spoiler’s Role
    , Thu, 02 May 2024
  • NM Jasper Faeldonia rules IIEE chess tourney
    By Marlon Bernardino, , Thu, 02 May 2024
  • NTB Wolves post its 3rd win
    By Lito delos Reyes, , Thu, 02 May 2024
  • VIC SALUDAR FINISHES OFF SANCHAI YOTBOON IN 30 SECONDS (VIDEO)
    By Dong Secuya, , Thu, 02 May 2024
  • Bryce Mills Returns to the Ring June 7 During 2024 International Boxing Hall of Fame Induction Weekend
    , Thu, 02 May 2024
  • Saludar KOs Thai foe in 37 seconds; Dumam-ag drops Macado three times en route to a 1st round stoppage
    By Lito delos Reyes, , Wed, 01 May 2024
  • REGIE SUGANOB DEFENDS WBO GLOBAL LIGHT FLYWEIGHT TITLE BY TKO OVER KAI ISHIZAWA
    By Maloney L. Samaco, , Wed, 01 May 2024
  • West Top Three Seeds Have Advanced to Next Round, None Yet From East as Sixers, Bucks Beat NY, Indiana
    By Teodoro Medina Reynoso, , Wed, 01 May 2024




  •  



     
    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
    © 2024 philboxing.com.