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March 13, 2010



Finance dept may push hike in income tax on self-employed

THE DEPARTMENT of Finance will consider pushing for an increase in income tax on self-employed individuals to a uniform rate of 35 percent, as it moves on to the second phase of the reform agenda for easing the government's budget deficit and debt problems, a department official said.

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Poll Shows Support for $1 Cigarette Tax Hike

INDIANAPOLIS - A new poll indicates 62% of registered voters in Indiana support increasing the state's cigarette tax by a dollar per pack if the money is used to fund health and anti-smoking programs.

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Finance chief wants tax on remittances

THE Finance Department has asked President Gloria Arroyo to veto a provision in the Migrant Workers Act that exempts money sent home by Filipinos from the documentary stamp tax, saying it had merely been inserted in the bicameral committee’s version of the bill.

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