Romualdez confident House can pass tax, economic reform bills by year’s end

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Romualdez confident House can pass tax, economic reform bills by year’s end
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The Lower Chamber is eyeing the passage of President Rodrigo Duterte's tax and economic reform measures by the end of the year, Majority Leader Martin Romualdez said on Monday, or a week after the Chief Executive made a formal plea to Congress.

The Lower Chamber is eyeing the passage of President Rodrigo Duterte’s tax and economic reform measures by the end of the year, Majority Leader Martin Romualdez said on Monday, or a week after the Chief Executive made a formal plea to Congress.“The House of Representatives will work hard to pass President Duterte’s tax and economic reform measures by the end of the year to further propel the country’s economic growth.

“However, it is our duty to consult the people when imposing additional taxes. We will make sure that the measures to be approved are reasonable and acceptable to all,” he said.In his fourth State of the Nation Address last July 22, President Duterte asked lawmakers to pass the TRABAHO is the second tranche of the Duterte administration’s Comprehensive Tax Reform Program or CTRP.

“Lifting Filipinos out of poverty is the top priority of President Duterte in the next three years and we need everybody’s support for this mission. The numbers now are good. All poverty indicators are at all-time low.

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