27/05/2020
TAXES: A POWERFUL BUT ALSO A DANGEROUS TOOL FOR ECONOMIC DEVELOPMENT
By: Mario G. Zavalla
`Gov`t eyes taxes on digital transactions` (PDI, Business Section, May 25, 2020)
`Excise tax on `junk food` pushed` (PDI, Business Section, May 25, 2020)
The government seems to be changing its tack to justify new taxes. From the often-repeated reason that it is imposing new or increasing taxes ‘due to the government’s response to the COVID-19 disease’ and now because of its concern over the ‘overconsumption of junk foods that causes harm to the body’, and that ‘three out of every 10 Filipinos aged 20 and older were overweight,’ and so on and so forth.
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