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Roxas: ‘Cut VAT, return excess collections to people’

Posted by Abi Kwok on August 18, 2008

Piston seeks P38/L diesel, P43-44/L gasoline

By Abigail Kwok
First Posted 19:30:00 08/18/2008

MANILA, Philippines — Senator Manuel “Mar” Roxas II on Monday urged the government to either cut down or put a limit to its value added tax (VAT) collections and to return excess collections to the people.

The leftist Pinagkaisang Samahan ng mga Tsuper at Operators Nationwide, United Organizations of Drivers and Operators Nationwide (Piston) also challenged government to show its “sincerity” by bringing down diesel prices to P38 per liter and gasoline to P43-44 a liter.

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