Sunday, July 6, 2008

Liberal Party President Senator Mar Roxas files Senate Bill No. 1962 which seeks a 6-month suspension on the collection of VAT on oil products

Prices of oil keeps on soaring and the rational clamor initiated by Senator Mar Roxas for government to suspend the imposition of VAT on oil remains unheeded. Hence, the Liberal Senator filed Senate Bill No. 1962 which seeks a 6-month suspension on the collection of VAT on oil products. This move is not only logical during these times but also practical considering that it would give us respite from the unstoppable increase of petroleum products. It would be unthinkable and unconscionable to reject this proposal. Roxas said he will continue to push for the suspension of the 12% EVAT on oil once Congress resumes session on July 28. "Now, more than ever, I appeal to the executive branch and the majority bloc in the Lower House to heed the people's clamor for immediate relief from high oil prices."



The local governments and civil society can do its share by coming up with resolutions and position papers supporting the move to suspend the VAT on oil. Maybe through a concerted action, the national government will listen to this plea. Would it make any difference if Mar Roxas is not a presumptive candidate for President in 2010? Your guess is as good as mine.

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