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Duterte finds business sector’s 10 proposals ‘doable’

Unknown 2:05 AM ‘doable’ , business , Duterte , finds , proposals , sector’s

<div class="easy-ads"><div class="easy-ads-lite easy-ads-lite-bidvertiser-top" style="display:block;text-align:center;"><ins class="adsbygoogle" style="display:block;" data-ad-client="ca-pub-3942681860132668" data-ad-slot="4831328630" data-ad-format="auto"></ins><br/></div><br/></div><br/><div class="post-thumbnail"> <a href="http://kickerdaily.com/posts/2016/04/dont-vote-for-me-or-you-will-go-to-hell-duterte-says-to-catholics/12923209_10156774925325425_5558913308411370965_n-2/"><img alt="" src="http://kickerdaily.com/wp-content/uploads/2016/04/12923209_10156774925325425_5558913308411370965_n-1-600x264.jpg" title="Rody Duterte"/></a> <span class="wp-caption-text">Image from Mayor Rody Duterte’s Facebook page</span> </div><br/><aside class="mashsb-container mashsb-main"></aside><ul><li><strong>Incoming Pres. Rodrigo Duterte finds the 10 proposals of the business sectors ‘doable’</strong></li><br/><li><strong>Among the proposals set by the group include tax reform measures and a review of the conditional cash transfer program</strong></li><br/><li><strong>Duterte stressed that the economic experts of his team will take charge in studying the proposals especially taxation</strong></li><br/></ul><p>President-elect Rodrigo Duterte perceived the recommendations of the business leaders as doable and said they should be implemented “right away.”</p><br/><p>During the two-day consultative meeting dubbed <em>Sulong Pilipinas</em> held in Davao City, the incoming President disclosed that the ten proposals which include tax reform measures and a review of the conditional cash transfer program will further undergo rigid study, an article published by <a href="http://www.gmanetwork.com/news/story/570797/money/economy/duterte-finds-businessmen-s-ten-proposals-doable">GMA News Online</a> dated June 21 mentioned.</p><br/><p><em>“I was given a copy ahead of today the ten recommendations socio economic programs of the government. And I assure you, we will study and review it,”</em> Duterte was quoted saying.</p><br/><p>The 10 recommendations submitted by the Philippine Chamber of Commerce and Industry (PCCI) included the following: <span>Adoption of Comprehensive Tax Reform Package; </span><span>Implementation of national ID System; </span><span>Automation and streamlining of government business permits and licensing system; </span><span>Improvement of telecommunication services; </span><span>Support services to farmers; </span><span>Implementation of responsible mining; </span><span>Development and implementation of national strategy; </span><span>Improvement of transport network across country to improve connectivity; </span><span>Review of the conditional cash transfer program; and </span><span>Reduction in infrastructure bottlenecks.</span></p><br/><div class="easy-ads"><div class="easy-ads-lite easy-ads-lite-bidvertiser-middle"><br/><br/></div><br/></div><br/><p>Admitting that he is not an economist, Duterte stressed that the economic experts of his team will take charge in studying the proposals especially taxation.</p><br/><p>Totaling around 450, the businessmen and entrepreneurs pushed for the adoption of a comprehensive tax reform program to include the expansion of the value added tax (VAT) and the simplification of tax payments by micro-, small- and medium- enterprises.</p><br/><p>Likewise, the sector suggested the reduction of the corporate, personal and capital gains tax rates.</p><br/><p>Mindanao Business Club president George Lau said the tax rates may be pegged with Hong Kong and Singapore or even down to the ASEAN neighbors and make it a little lower to attract investors.</p><br/><p>Specifically, the businessmen want to increase excise taxes by expanding the definition of luxury goods to compensate for the expected deficit resulting from reduced income tax rates.</p><br/><div class="sharedaddy sd-sharing-enabled"><br/><div class="robots-nocontent sd-block sd-social sd-social-icon-text sd-sharing"><br/><h3 class="sd-title">Share this:</h3><br/></div><br/></div><br/><aside class="mashsb-container mashsb-main"></aside> <center> </center><br/><p><strong><a href="https://blockads.fivefilters.org">Let’s block ads!</a></strong> <a href="https://github.com/fivefilters/block-ads/wiki/There-are-no-acceptable-ads">(Why?)</a></p><br/><p><a href="http://kickerdaily.com/posts/2016/06/duterte-finds-business-sectors-10-proposals-doable/" rel="nofollow">Kicker Daily News</a></p><br/><div class="easy-ads"><div class="easy-ads-lite easy-ads-lite-bidvertiser-bottom" style="display:block;text-align:center;"><ins class="adsbygoogle" style="display:block;" data-ad-client="ca-pub-3942681860132668" data-ad-slot="4831328630" data-ad-format="auto"></ins><br/></div><br/></div>

Image from Mayor Rody Duterte’s Facebook page Incoming Pres. Rodrigo Duterte finds the 10 proposals of the business sectors ‘doable’ Amon...