tobacco excise tax philippines 10 YEARS SINCE THE SIGNING OF THE SIN LAW MANILA, Philippines — American economist

MANILA, Philippines American economist Arthur Laffer said the Philippines' successive increases in tobacco excise taxes may have reached a point where higher tax rates are reducing government revenues while encouraging the PhilHealth budget tied to tobacco tax money, credit ratings upgrade BusinessWorld Online Imposing higher excise taxes on tobacco and alcohol products will make them less affordable. Globally, taxation is known to be the most cost effective intervention to reduce consumption of these harmful products. Let Philippines Health Promotion Fund Resource Hub

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