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The amendment of the existing excise tax law on tobacco and alcoholic products is the only revenue measure that the Aquino administration has certified as urgent to date. This paper reviews and evaluates the different versions of both houses of the sin tax reform measure. Republic Act (RA)...
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The alcohol industry argues that alcohol excise taxes do not reduce heavy drinking because of substitutions to lower … increases in alcohol excise taxes reduce heavy alcohol consumption. Using data from the Nielsen Homescan we investigate the … effects of a large excise tax increase that raised alcohol prices. The results show that heavy drinkers reduce purchases, and …
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