Marcos bucks scrapping of fuel excise tax

By Kristina Maralit

Jun 22, 2022 12:02 am

PRESIDENT-ELECT Ferdinand 'Bongbong' Marcos Jr. is not likely to agree to the scrapping of excise tax on oil, believing that doing so will not directly help those who are affected by skyrocketing oil prices.

'I prefer to handle the problem on the other side of the equation and provide assistance to those who are in need,' he said.

A gasoline attendant refills a motorcycle with gasoline at a station in Manila. PHOTO BY RUSSELL PALMA

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

No need for red alert, AFP chief says

Digital cities to empower countryside – DICT

DOT launches Philippine Dive Experience in Anilao

Bicam starts discussions on P6.352T budget bill

Health workers weigh in on next PGH chief

Go hits PDEA for linking him to POGO, drugs

PH seeks global cooperation vs nuclear arms