TARLAC, Philippines (Reuters) - Senator Benigno Aquino, on course to win the Philippine presidential race, said on Tuesday he will work at cutting unnecessary spending in the national budget and increase perennially tax weak revenue.
Aquino, son of democracy icon Corazon "Cory" Aquino, also said he was not in favour of raising the rate of consumption tax, adding the government needs to raise more revenue from taxes already in place.
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