Bongbong Marcos pitches for proper collection of taxes, tariffs


MANILA (Philippine Daily Inquirer/Asia News Network): President-elect Ferdinand Marcos Jr (pic) on Thursday (May 26) made a pitch for proper collection of taxes and tariffs, saying the economy will languish if the government’s tax collection agencies won’t step up its revenue system.

Speaking in a sit-down interview where only a few select media were present, Marcos said the Bureau of Customs (BOC) and the Bureau of Internal Revenue (BIR) must ensure the proper collection of taxes and duties in order to balance the demand for funds to bankroll government programmes.

“The economy of the Philippines will simply not succeed, we cannot collect duties, tariffs, etc through the BOC and we do not have good collection on taxes both on the national and local level. The numbers don’t match,” he said.

“So that’s why it’s very, very important and we have to at the very least reduce the corrosive influence of corruption in government as a general rule,” he added.

Marcos’ family has been dogged by issues of non-payment of their P203 billion estate tax liability, as well as his own failure to file his income tax returns while governor of Ilocos Norte from 1982 to 1985.

During the interview, the President-elect has also refused to discuss past issues of corruption.

"Corruption. Let’s just forget about the past. I’ll say, ‘That’s not under my administration. Now that it’s my administration, corruption will have no place.’

But he clarified that they will go after erring officials. “If there are still corrupt individuals, we will go after them because we won’t succeed,” he added.

Article type: free
User access status:
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Philippines , Bongbong , Marcos , taxes , tariffs

   

Next In Aseanplus News

Marcos Jr sworn in as Philippine president
Move to open legal casinos in five Thai regions
Macau Covid infections rise as spread extends to medics, police
Asian markets mostly down but China data offers some light
South Korea pushes through 5% minimum wage gain amid inflation pain
Hong Kong on high alert as Xi Jinping visit expected for handover
Pros outweigh cons in plan to transform Preah Sihanouk: study
Indonesian president offers to take message from Ukraine's leader to Putin
Singapore's death penalty for drug trafficking saves lives:�Shanmugam tells BBC
Marcos Jr to be sworn in as Philippine president

Others Also Read