
Almost all the candidates running for vice president in the coming election agreed that the P200 monthly assistance for Filipino families is not enough amid the continuous increase in the price of petroleum products.
As a result, they have pushed for the proposed suspension of the excise tax on oil as a more effective solution against price increases.
Senator Francis “Kiko” Pangilinan explained that the cost of each liter of oil will be reduced by P10, P6, P5 once the measure is implemented, which will be immediately felt by the people.
Vice presidential aspirant Carlos Serapio, on the other hand, sees energy relief as the solution to alleviate the suffering of Filipinos today.
Dr. is also in favor of this. Willy Ong said that agriculture, food security, and renewable energy in the country should also be supported.
Aside from the excise tax suspension, it is also one of the proposals of Senate President Vicente Sotto III to increase the minimum wage of workers in NCR to P1000 while it is P600 to P800 in the provinces which were also favored by former lawyer Walden Bello because it is only one day. he said it will take P200 for a family.
According to Rizalito David, one of the possible solutions is to provide funds for small businesses so that the people can alleviate the hardships they are experiencing.
Meanwhile, contrary to the views of other candidates, Manny Lopez favored the government’s current position not to suspend the value-added and excise tax because he said the government will lose a lot.