Mar Roxas wants fuel tax lifted to lower food prices
If elected, senatorial candidate Mar Roxas said he will move to lift fuel taxes to bring down commodity prices.
Roxas, former secretary of the Department of the Interior and Local Government, made this pitch during a visit in Bacolod City recently.
“If the cost of transportation is high, prices of goods are also expensive,” the former politiko explained.
According to him, the Tax Reform for Acceleration and Inclusion (TRAIN) Law adds taxes on oil products to P10 per liter.
Prices of grocery items such as instant noodles and canned sardines have also significantly increased due to TRAIN.
“We must do everything to stop the increase of prices of basic commodities,” said Roxas, lost to then Davao City Mayor Rodrigo Duterte in the 2016 presidential elections.