The House of Representatives has junked a government proposal to impose excise tax on salty and junk foods. Albay Rep.
Albay Rep. Jose Salceda said in a Wednesday forum at the Philippine Stock Exchange the proposed tax on junk foods is difficult to enforce while the proposed tax on sugar drinks will likely aggravate malnutrition in the country, with little impact on obesity.
The proposed tax measure is expected to generate additional P76 billion in revenues for the government during the first year of imposition and reduce consumption of junk food by 21 percent.
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