Page 1 of 13 123411 ... LastLast
Results 1 to 10 of 124
  1. #1

    Default Bad news for smokers: P90-tax per pack eyed


    MANILA, Philippines—Everybody knows smoking will bust your lungs. A proposed tax increase on your next nicotine fix will bust your wallet as well.
    Citing the “Obama model,” the Department of Health (DoH) Monday said increasing cigarette tax by P4.50 (or 10 US cents) per stick—that’s P90 for every 20-stick cigarette pack—was one of the ideas that cropped up during a meeting of health officials with officers of the Framework Convention on Tobacco Control Alliance Philippines (FCAP), an anti-tobacco advocate.
    The so-called Obama model refers to US President Barack Obama, who signed a bill into law in February 2009 increasing the federal tax rate of cigarettes from $0.39 to $1.01 per pack to provide for the health insurance of poor children.
    There are 17.3 million smokers among the Philippines’ 90 million population. One of those who apparently can’t quit is President Benigno Aquino III.
    If the idea blossoms in the Philippines, funds raised from the increase in cigarette taxes will partly be used to cover about 5 million poor Filipinos in the health care insurance system, an objective of President Aquino’s administration.
    If the proposed increase is implemented, the cost of a cigarette stick would range from P5.50 to P7.50 while the price of a 20-stick cigarette pack would jump to between P97 and P190, according to the estimates of health and church activists seeking curbs on smoking."
    Bad news for smokers: P90-tax per pack eyed - INQUIRER.net, Philippine News for Filipinos

  2. #2
    bwhahahaha anah uyon jud ko ani para gamay na lang manigarilyo para ang mga kabataan karon d na manigarilyo d na kaafford

  3. #3
    Time to stock up now.

  4. #4
    Banned User
    Join Date
    Feb 2010
    Gender
    Male
    Posts
    1,171
    Blog Entries
    10
    well.. idk if that will come to reality considering the bureaucracy diri sa atoa... but one thing for sure though... with the recent purchase of philip morris sa fortune tobacco.. by feb2011 ang marlboro will be around 2.50-3/stick.. mao nay confirmed so far...

  5. #5
    ahahaha mag stock nalang kuno sila daan para kng mapasar ni aw daghan na sa kabinet. ahahaha

  6. #6
    maypa ang mga tigulang sa bukid walay problema kay mga lumboy man ila gihimo ug sigarilyo... pareho rang pataya pagkahuman bwaahahahhaa.

  7. #7
    may ra jd nka undang nko ani bisyoha. hehe

  8. #8
    good! = para ma minosan ang polusyon!

    bad = kuhaan ang negosyo ni lucio tan.

    worst = kung ang tax dili mopadung sa angay padulngan.

  9. #9
    ayay.. mura ug mapugos gyud ko ani ug undang.....

  10. #10
    gwapo na para mo hinay ang smog

  11.    Advertisement

Page 1 of 13 123411 ... LastLast

Similar Threads

 
  1. bad news for airsofters
    By okimura in forum Hobbies & Crafts
    Replies: 40
    Last Post: 11-16-2009, 08:55 PM
  2. another bad news for Microsoft?...
    By jaytol23 in forum Gizmos & Gadgets (Old)
    Replies: 0
    Last Post: 10-28-2009, 12:36 AM
  3. Bad News for Call Center and BPO workers: 09/07/09 Not a Holiday
    By scorpionqueen in forum Politics & Current Events
    Replies: 23
    Last Post: 09-07-2009, 08:52 PM
  4. Replies: 47
    Last Post: 06-15-2008, 08:40 PM
  5. Very bad news for the internet cafes :-(
    By dexfranco in forum Software & Games (Old)
    Replies: 68
    Last Post: 09-25-2007, 07:12 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
about us
We are the first Cebu Online Media.

iSTORYA.NET is Cebu's Biggest, Southern Philippines' Most Active, and the Philippines' Strongest Online Community!
follow us
#top