Casiño pushes for removal of VAT on electricity, water and oil products

TAGBILARAN CITY – Makabayan senate bet and Rep. Teddy Casiño (Bayan Muna party-list) planed into Bohol’s capital today to meet with local officials, consumer groups and cooperatives, and Boholano journalists.

“It is a good day to come back to Bohol and meet up with officials in the frontline of governance, local consumer associations and cooperatives that help raise livelihood opportunities and journalists who bring us stories of the people through various media,” Casiño said.

The progressive senate bet immediately added his voice to calls for the Philippine Ports Authority (PPA) to defer the collection of the P12 entrance fee from all tricycle units entering the Tagbilaran City port.

“I believe that PPA Administrative Order 04-2009 that imposes a P12 fee for every tricycle that will go inside the pier as temporary vehicle passes effective December 1 will be a burden to tricycle drivers and their passengers. I join local officials calling for the postponement of its implementation as this will not be a good Christmas gift to Bol-anons. I shall write the PPA and consider sponsoring a measure in Congress to look into this issue,” Casiño said.

Scrap VAT since economy is growing

Casiño also pressed for the removal of the Value Added Tax (VAT) on electricity, water services and oil products, especially liquefied petroleum gas (LPG).

“The supposed 7.1 percent growth of the country’s economy should be felt by the majority of our citizens. But based on the latest SWS survey, 11.7 percent of the Filipino labor force is unemployed. Prices of basic goods and services remain high. So if the economy is doing so good, we can now do away with VAT on electricity and water services and LPG. This would be a good way to make economic gains felt by all of us Filipinos as it would mean lower water rates, electric bills and LPG prices,” Casiño said.

The progressive legislator is pushing for programs to support and protect the farmers, micro-, small and medium enterprises and Filipino industries through his Buy Pinoy! Build Pinoy! advocacy.

“We cannot improve the economy by merely relying on the services sector and export of our natural and human resources. We can definitely improve the economy for the majority by buying Filipino products and building local industries so that economic gains shall be more than modest and be beneficial to our compatriots nationally and locally,” Casiño said.

Rep. Casiño has given a sizable chunk of his projects in 2010-2011 to Bohol, among which are the rehabilitation of a multipurpose building of the Celestino Gallares Hospital and the construction of a classroom at the Pangpang Elementary School, in Ubay with a combined worth of P1.8 million and financial assistance to indigent patients worth P650,000.

“We are hoping that the DBM will release the papers for a multi-purpose building each in Maribojoc and Mabini and for financial assistance to small and medium livelihood enterprise programs in Dagohoy, Catigbian, Carmen, and Bilar for 2012,” Casiño said.

loading...

About accounting

You must be logged in to post a comment Login

Leave a Reply