Aug three, 2017 @ 10:10

Senate methods and means committee chair Sen. Sonny Angara can now sleep more peacefully at night time after President Rodrigo Duterte has eased the stress on the Senate to quick monitor approval of his administration’s tax reforms.

“Palagay ko mas madaling ipasa kung ganun. We can find ways to make it more acceptable if two to three senators na may kanya kanyang pet causes di ba?” Angara mentioned to reporters Wednesday.

The senator was amongst those that had been invited to a gathering in Malacanang by the Chief Executive to debate amongst different issues the state of affairs in Marawi City, postponement of barangay elections and mentioned measure.

He was singled out by President in his state of the nation deal with to work quick on the federal government’s tax agenda or he may endure the results in his bid for re-election in 2019.

Angara mentioned they might ask the DOF on the figures that they may work on.

The authorities is eyeing to gather P900 billion to finance the so-called large ticket objects of the Duterte administration that may embrace main infrastructure initiatives.

In a associated growth, Angara mentioned the convening of the committee of the entire within the Senate could now not push by means of however the DOF, together with different officers from the National Economic Development Authority (NEDA) and Department of Budget and Management will maintain a gathering in Makati City Thursday to debate the proposed tax reform measure.

“I think nag request ata si (Finance) Sec. (Carlos) Dominguez, may speaking engagement yata siya sa Makati. He requested that the meeting be in Makati City,” he mentioned.

While it’s open for attendance of all of the senators, Angara mentioned he’s unsure if it will likely be open for media protection.

“We’ll see we have to ask the DOF what they really want. We don’t know at present. We’re still crunching numbers eh kasi like for sugar sweetened beverages we’re still trying to come up with a new basis for taxing rather than volume. Gusto natin yung content dib a eh ang suggestion natin, we’re asking the DOF to come up with a suggested scale, we’re also asking the industry to come up with their suggested, and somehow dun tayo maglalaro,” Angara mentioned.

-30-

Source: politics.com.ph