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Marcos Prioritizes Tax Amnesty, Waste Management Amidst Legislative Push
President Marcos has urged lawmakers to urgently pass legislation on tax amnesty and waste management, key priorities mentioned in his State of the Nation Address, as Congress resumes sessions.
MANILA, Philippines — President Marcos has urged lawmakers to urgently pass another set of priority legislation he mentioned in his fifth State of the Nation Address (SONA) as Congress resumed sessions on Monday. According to the Presidential Communications Office, among the key pieces of legislation being pushed by the President are amendments to the tax amnesty law, aimed at modernizing the country's tax system and increasing revenue collection. This proposal encourages taxpayers to settle their outstanding tax liabilities by offering waivers on penalties and interest for past undeclared or unpaid taxes. Experts believe this could significantly bolster the government's financial base, allowing for greater investment in public services. Furthermore, the President is emphasizing the passage of amendments to the waste management law, which seeks to establish a sustainable waste management system. This legislation aims to reduce waste generation, promote recycling, and ensure proper disposal, thereby mitigating environmental pollution and improving public health. With rapid urbanization and population growth, waste management has become a critical issue in the Philippines, making this bill a timely response to pressing challenges. These legislative measures are considered vital for the Philippines' economic progress and the enhancement of its citizens' quality of life, necessitating swift deliberation and approval by Congress. The Marcos administration aims to build a more robust and sustainable socio-economic system through these initiatives.
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Inquirer NewsInfo