An activist group has refused to believe that the government’s hands are tied when it comes to rising inflation rates and its effects, saying that President Ferdinand Marcos Jr. can do a lot of things to address the issue. | GabrielLaluINQ
Sandigan throws out forfeiture cases vs late ex-CJ Corona: Assets not in SALN not ‘unexplained wealth’
“What can Marcos do? He can certify as urgent the pending bills that seek to reduce the tax burden on basic commodities. Marcos can certify urgent the pending bills that seek to raise wages and salaries,” he added. “The 7.7% inflation rate is the highest since 2008 and should compel government to look into the plight of working people struggling to make ends meet. It is now necessary open discussions about raising wages and salaries for working people and lowering prices of basic commodities,” Reyes said.
Last October, it was reported that lawmakers from the House of Representatives’ Makabayan bloc filed House Bill No. 5504, which would remove the 12 percent value added tax imposed on basic commodities.
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