Is he trying to live up to his “Gusto ko happy ka” tagline?
“Senate Minority Leader Juan Ponce Enrile has recently resurrected his pet bill exempting the sale of electricity to residential consumers with consumption not exceeding 250 kWh from the Value Added Tax (VAT),” reports Ernie Reyes on InterAksyon.com.
The report explained that “Senate Bill Nos. 2547 and 2159 respectively, pushing the same exemptions, were filed by Enrile during the 14th and 15th Congresses, respectively.”
Enrile went on to say, “The bill is limited to exempting residential users or households only because households cannot avail of output of VAT to mitigate their VAT liability unlike industries, and business and commercial establishment which could pass on the cost of electricity to the user of their service.”
So, do you think this bill would be powerful enough to make us all smile?
