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Research 1 DOH put paper on iniquity Tax quantitys An August 15, 2012, bunk paper from the surgical snatch of Health The segment of Health appreciates the formal intention of all(a) the above-mentioned measures which look for to reform and reconstitute the excise tax income on tobacco and alcohol products. subsequently comparing and reviewing the said measures, the Department believes that Senate add-in no 3249 best supports the equalise goals of (1) deterring our countrymen especially the youth and the bluff from consume and drinking alcohol, hence protecting them from the life squeeze consequences of smoking and alcohol abomination; and (2) financing a universal surfaceness care instrument to improve accessibility to smell health care. Senate chronicle No. 3249 upholds the essential features of the original Abaya Bill (House Bill No. 5727) of a unitary tax for all bottom and liquor products, machine-controlled indexation and the removal of the price categorisation jam on cigarettes since the on-going classification is based on a net retail price survey through in 1996. The Department alike believes that Senate Bill No. 3249 is lord from the different bills for the following reasons: 1.

choicely of indexing the tax harvest-time to inflation, SB 3249 adopts the nominal gross domestic product for index thereby retentiveness the tax rates veridical and ensuring that tobacco and alcohol products willing non become more low-priced as income increases over while; 2. There is a annual review (every five years) to tie tax rates to attain the health and revenue objectives of the establishment activity as well as to comply with cover commitments to the man Health government (WHO) Framework Convention on tobacco plant Control. 3. Earmarking of money (15%) from excise tax on tobacco products down the stairs RA 8240, to be allocated to programs to assist tobacco farmers (including financing of cite work guarantee and crop insurance programs) shift to alternative crops some otherwise than tobacco and other alternative livelihood; and valuation reserve measures program for prevention of transaction losses...If you want to get a wide of the mark essay, tell it on our website: Ordercustompaper.com

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