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SENATE OF THE PHILIPPINESCOMMITTEE ON WAYS & MEANS     Senate Bill 3299 under     Committee Report 411       October 10, 2...
The measure we are about todebate poses a deterrent that willKEEP PEOPLE FROM BEING SICK and will GENERATE REVENUESthat wi...
Taxation  is what makesappropriations    possible.                  O/S Recto
BIR 2013 Collections   P1.3T Billion BIR 2013 Excise Tax         Collections    P75 Billion                          ~P20....
Taxes Collected (in Php) from Alcohol and Tobacco 100 Years Ago                                                           ...
Firemen andP8.6 B               fire trucksExcise Taxes Paid    (BJMP Budget)      (2011)                                 ...
P1.5 B              classroomsExcise Taxes Paid      (2011)                             O/S Recto
P1.0 B                      pension of                    senior citizensExcise Taxes Paid      (2011)                    ...
A government in need ofmoney would always prefer   a TAXABLE VICE, like drinking, to a tax-exempt virtue like staying sobe...
ALCOHOL INDUSTRY                  Product Classifications                 DISTILLED SPIRITSGin   Whisky     Brandy    Rum ...
2011 Volume of RemovalsDISTILLED SPIRITS       FERMENTED LIQUOR255 million liter s     1.56 billion liter s or            ...
ALCOHOL INDUSTRY          Gr oss Sales (2011)                             TOTAL                          P124 B    Ferment...
ALCOHOL INDUSTRY          Tot al Taxes Paid (2011)                             TOTAL                            P42 B    F...
TAX BURDEN ON FERMENTED LIQUOR (2011) Excise   19 B 28% VAT           6 B 9% Income & other taxes   5 B 8%TOTAL     30 B45...
ALCOHOL INDUSTRY          Tot al Taxes Paid (2011)                             TOTAL                            P42 B    F...
TAX BURDEN ON DISTILLED SPIRITS (2011)                 Excise        5.2 B   9%                 VAT           5.2 B* 9%   ...
Tax Burden of Selected Industries (2011)                         Alcohol                   Power                          ...
CURRENT TAX RATESDistilled Spirits1 . F R O M LO C A L S O U RC E S    ( s a p o f n i p a , c o c o n u t , c a s s av a ...
CURRENT TAX RATESWines1. SPARKLING WINES/ CHAMPAGNES  Net Retail Price, per bottle, regardless of proof:      P500.00 or l...
CURRENT TAX RATESFermented Liquor1. Beer, lager beer, ale, porter and other fermented   liquors except domestic fermented ...
2011 Major Corporations          ALCOHOLINDUSTRYSource: DSAP, August 2012        Source: BIR                              ...
ALCOHOL INDUSTRYDistilled Spirits                   Fermented Liquor        Emperador         Distillers                  ...
PERCENTAGE OF ALCOHOL EXPENDITURE Family Income and Expenditure Sur vey (1994 -2009)  0.9        0.9                      ...
200917.3 million smokers       2011 92 billion sticks/ 4.6 billion packs                        O/S Recto                 ...
92% sold in sari-sari storesPer capita consumption: 13 sticks       60% sold by tingi                          Source: PMF...
TOBACCO INDUSTRY          Gr oss Sales (2011)        Manufactured Tobacco               TOTAL                  Cigars     ...
TOBACCO INDUSTRY          Gr oss Sales (2011)        Manufactured Tobacco               TOTAL                  Cigars     ...
TAX BURDEN ON TOBACCO Excise        25.8 B VAT            5.6 B Income & other taxes    4.2 BTOTAL          35.6 B        ...
PERCENTAGE OF TOBACCO EXPENDITURE Family Income and Expenditure Sur vey (1994 -2009)   1.4             1.3                ...
TAX BURDEN ON TOBACCO Excise        29% VAT           6%                        of every Income & other taxes   5%TOTAL   ...
CURRENT TAX RATESTobacco Products & Cigar s Tobacco Products          Tobacco not for chewing             P 1.19          ...
CURRENT TAX RATESCigarettes Cigarettes packed by hand (in 30s)      P 2.72 Cigarettes packed by machine (in 20s) Net Retai...
CIGARETTES (PACKED BY MACHINE)                                        Removals    Excise Taxes              Tier/ Tax Rate...
CIGARETTES (PACKED BY MACHINE)                                        Removals    Excise Taxes              Tier/ Tax Rate...
2011                          Cigarettes               Philip Morris Fortune Tobacco                      Corp. Inc. (PMFT...
Companies are justCOLLECTING AGENTSof the government.                     O/S Recto
Under our system, it is the    CONSUMERS, NOT THE      MANUFACTURERS,who eventually shoulder theexcise tax, on account of ...
The ones who will   ultimately bear theadditional tax burden are  ORDINARY FOLKS.                            O/S Recto
It is not BIG TOBACCOor the GIANT BREWERY     who will pay but,     SMALL PEOPLE.                         O/S Recto
O/S Recto
Cigarette   smoking, like acigarette butt, should     be crushed.   But in the real world, IMPOSSIBLE.                    ...
If we ban cigarettes, this  government will weakenfrom lack of cigarette taxes.   That would be the real      FISCAL SHOCK...
It seeks to getMORE BUCKS out of FEWER PACKS.                    O/S Recto
A HIGHER TAX RATE    DOES NOTautomatically result inHIGHER COLLECTIONS.                          O/S Recto
The void will be filled by     SMUGGLERS.                             O/S Recto
COUNTRY CASE STUDIES ON ILLICIT TRADE  o   CANADA – high excise levels (22%), increased      consumption of illicit cigare...
COUNTRY CASE STUDIES ON ILLICIT TRADE  o   MALAYSIA – staggering increase in excise tax (in      2011, 172% of 2004 rates)...
COUNTRY CASE STUDIES ON ILLICIT TRADE   o   SINGAPORE – 135% increase in 2005 over       2000, declining government revenu...
o   “The tax-induced increase in cigarettes will    certainly lead to smuggling or illicit trade. It might    even lead to...
Are we willing toOUTSOURCE even theMANUFACTURE OF SIN to   distant lands?                        O/S Recto
Use taxes as a deterrent to the   consumption of unhealthy products  Create predictable, dependable, and      reliable str...
O/S Recto
Newly-introduced products shall be initially classified using the suggested NRP as declared in the sworn statement submitt...
We believe that the variety of products sold shouldbeget a variation of taxes.                              O/S Recto
We adopted aCONSERVATIVE FRAMEWORK that we believe hedges   CLOSER TO REALITY.                          O/S Recto
Reasonable        Realistic andResponsible rendering of ourpower to tax the industry of   alcohol and cigarettes.         ...
INCREMENTAL REVENUE (HB 5727 ORIGINAL)        Original Revenue Estimates              Year    Cigarettes   Distilled Spiri...
INCREMENTAL REVENUE (HB 5727 ORIGINAL)        Revised Revenue Estimates (in Billion Php)                                  ...
O/S Recto
Cut-offs increased by 8%                           O/S Recto
O/S Recto
Cut-offs increased by 8%                           O/S Recto
INCREMENTAL REVENUE (SENATE COMM. REPORT)       (in Billion Php)                          Distilled   Fermented           ...
O/S Recto
INCREMENTAL REVENUE (SENATE COMM. REPORT)       (in Billion Php)                          Distilled   Fermented           ...
O/S Recto
O/S Recto
4 tiers   3 tiers   2 tiers                              O/S Recto
O/S Recto
NET RETAIL PRICE CUTOFFS        CIGARETTES LOW      MEDIUM      HIGH< P15    P15-P18     > P18                            ...
O/S Recto
INCREMENTAL REVENUE (SENATE COMM. REPORT)       (in Billion Php)                          Distilled   Fermented           ...
INCREMENTAL REVENUE (SENATE COMM. REPORT)       (in Billion Php)                          Distilled   Fermented           ...
HB 5727 (AMENDED)                                            Range            Attachment                     Cigarettes   ...
Cut-offs increased by 8%                           O/S Recto
Our proposal is not just toearmark the incremental revenues      but a portion of theENTIRE EXCISE TAX COLLECTIONS   from ...
This measure:+ P15 B incremental revenues on 2013 = P65 B                                       O/S Recto
O/S Recto
O/S Recto
RA 7171             1B to provinces producing             burley and native tobacco             40% of total sin tax proce...
Extinction of vices cannot   be affected through         taxation.                             O/S Recto
This bill is not the  magic pill that willrestore the fiscal health  of the government         either.                    ...
Other industries mustdo their share,not through a round ofnew taxes, but bySHUTTING DOWN THELOOPHOLESthrough which theirco...
Two of the  HARDEST THINGS a Senate can do is to  VOTE FOR WAR andVOTE FOR NEW TAXES.                         O/S Recto
Lalo na sa isang batas  na papataw ng buwis      hindi sa mgadambuhalang kumpanya  pero sa ordinaryong     mamamayan.     ...
O/S Recto
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  1. 1. SENATE OF THE PHILIPPINESCOMMITTEE ON WAYS & MEANS Senate Bill 3299 under Committee Report 411 October 10, 2012 O/S Recto
  2. 2. The measure we are about todebate poses a deterrent that willKEEP PEOPLE FROM BEING SICK and will GENERATE REVENUESthat will TREAT THEM when they get sick. O/S Recto
  3. 3. Taxation is what makesappropriations possible. O/S Recto
  4. 4. BIR 2013 Collections P1.3T Billion BIR 2013 Excise Tax Collections P75 Billion ~P20.00 P1.00 for every P20.00 from sin products O/S Recto
  5. 5. Taxes Collected (in Php) from Alcohol and Tobacco 100 Years Ago 1912 Distilled Spirits 3,049,684 Wines and Imitation Wines 173,391 Fermented Liquors 202,178 ALCOHOL Sub- Total 3,425,254 Smoking and Chewing Tobacco 283,025 Cigars 255,700 Cigarettes 4,378,680 TOBACCO Sub-Total 4,917,406 GRAND TOTAL 8,908,788Source: Report of the Philippine Commission to the Secretary of War, FY 1912 O/S Recto
  6. 6. Firemen andP8.6 B fire trucksExcise Taxes Paid (BJMP Budget) (2011) O/S Recto
  7. 7. P1.5 B classroomsExcise Taxes Paid (2011) O/S Recto
  8. 8. P1.0 B pension of senior citizensExcise Taxes Paid (2011) O/S Recto
  9. 9. A government in need ofmoney would always prefer a TAXABLE VICE, like drinking, to a tax-exempt virtue like staying sober. O/S Recto
  10. 10. ALCOHOL INDUSTRY Product Classifications DISTILLED SPIRITSGin Whisky Brandy Rum Vodka Tequila Siok Tong WINESSparkling wine Champagne Still wine Fortified Wine FERMENTED LIQUOR Beer Lager Ale Porter Basi Tapuy O/S Recto
  11. 11. 2011 Volume of RemovalsDISTILLED SPIRITS FERMENTED LIQUOR255 million liter s 1.56 billion liter s or 4.7 billion bottles 17.4 liter s per per son O/S Recto
  12. 12. ALCOHOL INDUSTRY Gr oss Sales (2011) TOTAL P124 B Fermented Liquor Distilled Spirits P67 B P57 B Wines P 263 MSource: BIR O/S Recto
  13. 13. ALCOHOL INDUSTRY Tot al Taxes Paid (2011) TOTAL P42 B Fermented Liquor Distilled Spirits P30 B P12 B* Wines P 35 M** O/S Recto *includes BOC data; Source: DSAPSource: BIR ** excise tax only (no data for other taxes paid)
  14. 14. TAX BURDEN ON FERMENTED LIQUOR (2011) Excise 19 B 28% VAT 6 B 9% Income & other taxes 5 B 8%TOTAL 30 B45% O/S Recto
  15. 15. ALCOHOL INDUSTRY Tot al Taxes Paid (2011) TOTAL P42 B Fermented Liquor Distilled Spirits P30 B P12 B* Wines P 35 M** O/S Recto *includes BOC data; Source: DSAPSource: BIR ** excise tax only (no data for other taxes paid)
  16. 16. TAX BURDEN ON DISTILLED SPIRITS (2011) Excise 5.2 B 9% VAT 5.2 B* 9% Income & other taxes 1.6 B 3% TOTAL 12 B 21%*with BOC dataSource: BIR O/S Recto
  17. 17. Tax Burden of Selected Industries (2011) Alcohol Power 34%* 15% Telecoms Automobile 15% 4%*with BOC dataSource: BIR O/S Recto
  18. 18. CURRENT TAX RATESDistilled Spirits1 . F R O M LO C A L S O U RC E S ( s a p o f n i p a , c o c o n u t , c a s s av a , c a m o te o r b u r i p a l m o r f ro m t h e j u i c e , s y r u p o r s u g a r o f t h e P 14.68 cane)2 . F RO M R AW M AT E R I A L S OT H E R T H A N THOSE E N U M E R AT E D A B OV E N e t r e t a i l p r i c e ( N R P ) [ exc l u d i n g t h e exc i s e a n d VAT ] p e r b o t t l e o f 7 5 0 m l v o l u m e c a p a c i t y i s : Less than P250.00 P 158.73 P250.00 to P675.00 P 317. 4 4 More than P675.00 P 634.90 O/S Recto
  19. 19. CURRENT TAX RATESWines1. SPARKLING WINES/ CHAMPAGNES Net Retail Price, per bottle, regardless of proof: P500.00 or less P 183.42 More than P500.00 P 550.242. STILL WINES Less than 14% of alcohol by volume P 22.00 14% to 25% of alcohol by volume P 44.023. FORTIFIED WINES Same as distilled More than 25% of alcohol by volume spirits O/S Recto
  20. 20. CURRENT TAX RATESFermented Liquor1. Beer, lager beer, ale, porter and other fermented liquors except domestic fermented liquor (e.g. tuba, basi, tupuy) Net Retail Price, per liter of volume capacity : Less than P14.50 (low) P 10.42 P 14.50 to P 22.00 (medium) P 15.49 More than P22.00 (high) P 20.572. Fermented liquor brewed and sold at micro breweries, pubs, restaurants P 20.57 O/S Recto
  21. 21. 2011 Major Corporations ALCOHOLINDUSTRYSource: DSAP, August 2012 Source: BIR O/S Recto
  22. 22. ALCOHOL INDUSTRYDistilled Spirits Fermented Liquor Emperador Distillers San Miguel Breweries Inc. Ginebra San Miguel, Inc. Tanduay Distillers Asia Brewery Inc. Destileria Limtuaco & Co.Source: DSAP, August 2012 Source: BIR O/S Recto
  23. 23. PERCENTAGE OF ALCOHOL EXPENDITURE Family Income and Expenditure Sur vey (1994 -2009) 0.9 0.9 0.7 0.7 0.7 0.7 1994 1997 2000 2003 2006 2009 O/S Recto
  24. 24. 200917.3 million smokers 2011 92 billion sticks/ 4.6 billion packs O/S Recto *Source: DOF
  25. 25. 92% sold in sari-sari storesPer capita consumption: 13 sticks 60% sold by tingi Source: PMFTC (2012, 1st Half) O/S Recto
  26. 26. TOBACCO INDUSTRY Gr oss Sales (2011) Manufactured Tobacco TOTAL Cigars P827 M P75.6 M P89.3 B Cigarettes Packed by Hand (in 30s) Cigarettes Packed by Machine (in 20s) P1.4 B P87 BSource: BIR O/S Recto
  27. 27. TOBACCO INDUSTRY Gr oss Sales (2011) Manufactured Tobacco TOTAL Cigars 0.9% 0.08% P89.3 B Cigarettes Packed by Hand (in 30s) Cigarettes Packed by Machine (in 20s) 1.6% 97.4%Source: BIR O/S Recto
  28. 28. TAX BURDEN ON TOBACCO Excise 25.8 B VAT 5.6 B Income & other taxes 4.2 BTOTAL 35.6 B O/S Recto
  29. 29. PERCENTAGE OF TOBACCO EXPENDITURE Family Income and Expenditure Sur vey (1994 -2009) 1.4 1.3 1.1 1.1 0.9 0.8 1994 1997 2000 2003 2006 2009 O/S Recto
  30. 30. TAX BURDEN ON TOBACCO Excise 29% VAT 6% of every Income & other taxes 5%TOTAL 40% O/S Recto
  31. 31. CURRENT TAX RATESTobacco Products & Cigar s Tobacco Products Tobacco not for chewing P 1.19 Tobacco for chewing P 0.94 Cigars NRP per piece: P500.00 OR LESS 10% OF THE NRP More than P500.00 P 50.00 + 15% of the NRP in excess of P 500.00 O/S Recto
  32. 32. CURRENT TAX RATESCigarettes Cigarettes packed by hand (in 30s) P 2.72 Cigarettes packed by machine (in 20s) Net Retail Price Below P5.00 (Low) P 2.72 P5.00 to P6.50 (Medium) P 7.56 More than P6.50 to P10.00 (High) P 12.00 More than P10.00 (Premium) P 28.30 O/S Recto
  33. 33. CIGARETTES (PACKED BY MACHINE) Removals Excise Taxes Tier/ Tax Rate (packs) Collected (Php) Low P2.72 3.0 B 8.1 B Medium P7.56 451 M 3.4 B High P12.00 1.15 B 13.9 B Premium P28.30 - - Total 4.60 B 25.4 BSource: DOF O/S Recto
  34. 34. CIGARETTES (PACKED BY MACHINE) Removals Excise Taxes Tier/ Tax Rate (packs) Collected (Php) Low P2.72 3.0 B 8.1 B Medium P7.56 451 M 3.4 B High P12.00 1.15 B 13.9 B Premium P28.30 - - Total 4.60 B 25.4 BSource: DOF O/S Recto
  35. 35. 2011 Cigarettes Philip Morris Fortune Tobacco Corp. Inc. (PMFTC) 94.12% Japan Tobacco International (JTI) 2.59% Mighty Corp. 2.12% La Suerte Cigar and Cigarette Factory 0.66% Associated Anglo-American Tobacco Corp. 0.51% British American Tobacco ---Source: BIR O/S Recto
  36. 36. Companies are justCOLLECTING AGENTSof the government. O/S Recto
  37. 37. Under our system, it is the CONSUMERS, NOT THE MANUFACTURERS,who eventually shoulder theexcise tax, on account of its nature as a PASS-ON TAX. O/S Recto
  38. 38. The ones who will ultimately bear theadditional tax burden are ORDINARY FOLKS. O/S Recto
  39. 39. It is not BIG TOBACCOor the GIANT BREWERY who will pay but, SMALL PEOPLE. O/S Recto
  40. 40. O/S Recto
  41. 41. Cigarette smoking, like acigarette butt, should be crushed. But in the real world, IMPOSSIBLE. O/S Recto
  42. 42. If we ban cigarettes, this government will weakenfrom lack of cigarette taxes. That would be the real FISCAL SHOCK. O/S Recto
  43. 43. It seeks to getMORE BUCKS out of FEWER PACKS. O/S Recto
  44. 44. A HIGHER TAX RATE DOES NOTautomatically result inHIGHER COLLECTIONS. O/S Recto
  45. 45. The void will be filled by SMUGGLERS. O/S Recto
  46. 46. COUNTRY CASE STUDIES ON ILLICIT TRADE o CANADA – high excise levels (22%), increased consumption of illicit cigarettes, undermined regulatory & fiscal objectives. o HUNGARY – sharp, above-inflation increase in excise rate led to increased revenues initially but eventually to a revenue decline. o IRELAND – steep excise tax increase resulted in swift emergence of illicit trade, virtually flat cigarette duty revenues. O/S Recto
  47. 47. COUNTRY CASE STUDIES ON ILLICIT TRADE o MALAYSIA – staggering increase in excise tax (in 2011, 172% of 2004 rates) led to illicit trade growing to almost 40% of the market. o NEW YORK – excise duty hikes above underlying inflation level led to a sharp drop in legal volumes, decline in government revenues, decreased smoking incidence and illicit trade reaching almost 40% of the market. o ROMANIA – continuous massive excise increases, increased government revenue, constant smoking incidence, illicit trade is more than ⅓ of total consumption. O/S Recto
  48. 48. COUNTRY CASE STUDIES ON ILLICIT TRADE o SINGAPORE – 135% increase in 2005 over 2000, declining government revenues despite tax increase, smoking incidence was virtually unchanged from 2001, illicit trade grew. o SWEDEN – reduction in excise rates used to counter extreme levels of illicit trade (late 1990s); massive increase led to increased illicit trade (2007 and 2008) and reduction in total cigarette consumption. o UNITED KINGDOM – ‘duty escalator’ tobacco taxation led to down-shifting by consumers, increased illicit trade, government revenue loss but with no impact on smoking O/S Recto
  49. 49. o “The tax-induced increase in cigarettes will certainly lead to smuggling or illicit trade. It might even lead to some illegal cigarette manufacturing within the country.”o “The net incremental revenues should take into account the additional expenses on the part of the government to improve anti-smuggling efforts.” -- Dr. Benjamin Diokno O/S Recto
  50. 50. Are we willing toOUTSOURCE even theMANUFACTURE OF SIN to distant lands? O/S Recto
  51. 51. Use taxes as a deterrent to the consumption of unhealthy products Create predictable, dependable, and reliable stream of revenues Eliminate the annexesHerald the imposition of a unitary tax rate Index tax increases to inflationEarmark portion of the proceeds to health care programs O/S Recto
  52. 52. O/S Recto
  53. 53. Newly-introduced products shall be initially classified using the suggested NRP as declared in the sworn statement submitted to the BIR. O/S Recto
  54. 54. We believe that the variety of products sold shouldbeget a variation of taxes. O/S Recto
  55. 55. We adopted aCONSERVATIVE FRAMEWORK that we believe hedges CLOSER TO REALITY. O/S Recto
  56. 56. Reasonable Realistic andResponsible rendering of ourpower to tax the industry of alcohol and cigarettes. O/S Recto
  57. 57. INCREMENTAL REVENUE (HB 5727 ORIGINAL) Original Revenue Estimates Year Cigarettes Distilled Spirits Fermented Total Liquor 2012 30.13 B 11.19 B 19.35 B 60.66 B 2013 36.10 B 26.51 B 21.68 B 84.28 B 2014 41.27 B 52.99 B 24.14 B 118.40 B 2015 43.36 B 58.35 B 26.73 B 128.45 B 2016 45.51 B 64.24 B 29.59 B 139.33 B Total 196.37 B 213.27 B 121.49 B 531.12 BSource: DOF O/S Recto
  58. 58. INCREMENTAL REVENUE (HB 5727 ORIGINAL) Revised Revenue Estimates (in Billion Php) Distilled Fermented Elasticity Cigarettes Total Spirits Liquor -0.584 16.54 6.71 18.61 41.85 -0.727 7.10 6.71 18.61 32.42 -0.870 -1.91 6.71 18.61 23.41 Assumptions: Average Industry Growth: 1.97% Cigarettes, 2.62% Fermented Liquor, 3.69% Distilled Spirits (1997-2011)Source: DOF O/S Recto
  59. 59. O/S Recto
  60. 60. Cut-offs increased by 8% O/S Recto
  61. 61. O/S Recto
  62. 62. Cut-offs increased by 8% O/S Recto
  63. 63. INCREMENTAL REVENUE (SENATE COMM. REPORT) (in Billion Php) Distilled Fermented Year Cigarettes Total Spirits Liquor 2013 1.38Source: DOF O/S Recto
  64. 64. O/S Recto
  65. 65. INCREMENTAL REVENUE (SENATE COMM. REPORT) (in Billion Php) Distilled Fermented Year Cigarettes Total Spirits Liquor 2013 1.38 3.81Source: DOF O/S Recto
  66. 66. O/S Recto
  67. 67. O/S Recto
  68. 68. 4 tiers 3 tiers 2 tiers O/S Recto
  69. 69. O/S Recto
  70. 70. NET RETAIL PRICE CUTOFFS CIGARETTES LOW MEDIUM HIGH< P15 P15-P18 > P18 O/S Recto
  71. 71. O/S Recto
  72. 72. INCREMENTAL REVENUE (SENATE COMM. REPORT) (in Billion Php) Distilled Fermented Year Cigarettes Total Spirits Liquor 2013 1.38 3.81 9.79Source: DOF O/S Recto
  73. 73. INCREMENTAL REVENUE (SENATE COMM. REPORT) (in Billion Php) Distilled Fermented Year Cigarettes Total Spirits Liquor 2013 1.38 3.81 9.79 14.98Source: DOF O/S Recto
  74. 74. HB 5727 (AMENDED) Range Attachment Cigarettes -5.6 B 5.8 B Alcohol 5.2 B TOTAL -0.4 B 11 B AttachmentYear: 2013Elasticity: -0.584 O/S Recto
  75. 75. Cut-offs increased by 8% O/S Recto
  76. 76. Our proposal is not just toearmark the incremental revenues but a portion of theENTIRE EXCISE TAX COLLECTIONS from alcohol and tobacco. O/S Recto
  77. 77. This measure:+ P15 B incremental revenues on 2013 = P65 B O/S Recto
  78. 78. O/S Recto
  79. 79. O/S Recto
  80. 80. RA 7171 1B to provinces producing burley and native tobacco 40% of total sin tax proceeds = 50% P26 B to PhilHealth P33 public health sectorEARMARKING 10% of total sin tax proceeds = P65 B P6.5 B to DOH •3.25 B to 16 regional hospitals = 200 M •3.25 B to 618 district hospitals operated by LGUs = 5.25 M 100 M for public information and education campaign program 100 M for displaced workers O/S Recto
  81. 81. Extinction of vices cannot be affected through taxation. O/S Recto
  82. 82. This bill is not the magic pill that willrestore the fiscal health of the government either. O/S Recto
  83. 83. Other industries mustdo their share,not through a round ofnew taxes, but bySHUTTING DOWN THELOOPHOLESthrough which theircompanies breathe. O/S Recto
  84. 84. Two of the HARDEST THINGS a Senate can do is to VOTE FOR WAR andVOTE FOR NEW TAXES. O/S Recto
  85. 85. Lalo na sa isang batas na papataw ng buwis hindi sa mgadambuhalang kumpanya pero sa ordinaryong mamamayan. O/S Recto
  86. 86. O/S Recto
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