Friday, December 21, 2012

CPP blasts Aquino hypocrisy over sin tax law

From  the CPP Website (Dec 21): CPP blasts Aquino hypocrisy over sin tax law

The Communist Party of the Philippines (CPP) today blasted the Aquino regime for its hypocrisy over the enactment of the so-called Sin Tax law which is being billed as a boost to the government’s budget for health services when at the same time it is moving forward with its program of corporatization and privatization of public health care. The Sin Tax Law was signed yesterday by Aquino.

“The enactment of the Sin Tax law is part of Aquino’s continuing compliance with policy dictates of the International Monetary Fund and other financial institutions,” said the CPP. “That the additional revenue will accrue to health care is a complete lie and simply aims to deceive the people into making the additional tax burden palatable.” The Sin Tax law aims to generate P248.49 billion over the next five years.

“Behind all the hype regarding the so-called sin taxes, they comprise nothing but an additional tax imposition on the people whose aim is to allow Aquino to continue with his antipeople budget policies that are geared to servicing foreign debt, privatization programs and the fattening of the AFP and PNP for heightened militarization and war campaigns especially in the countryside,” added the CPP.....

http://www.philippinerevolution.net/statements/cpp-blasts-aquino-hypocrisy-over-sin-tax-law

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