Thursday, December 27, 2012

PHILSTAR: Senators and congressmen GIFTED THEMSELVES with BILLIONS in additional pork barrel funds BEFORE APPROVING the final version of the sin tax bill two weeks ago. They INSERTED in the reconciled version of the bill a new provision allocating a large part of additional revenues from higher taxes on tobacco and alcohol products to congressional districts nationwide. The new provision was carried in RA 10351m the revised sin tax law, which Pres Aquino signed Wed last week.

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