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Front Page: Tax reforms enter legislative mill

THE FIRST PACKAGE of President Rodrigo R. Duterte's tax reform program has finally hit ground in the House of Representatives, with the Department of Finance (DoF)-backed proposal filed as a bill by the head of the Ways and Means committee......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2017

Bagong sin tax reform act balanse at angkop — Rep. de Vera

PATAS at makatuwiran ang panukalang batas na amiyendahan o baguhin ang Sin Tax Reform Act dahil bukod sa tataas na ang koleksiyon sa buwis makatutulong pa sa kalusugan. Ayon kay Quirino Rep. Dakila Carlo Cua, chairman ng House committee on ways and means,.....»»

Category: filipinoSource:  hatawtabloidRelated NewsDec 14th, 2016

Economy: Revisions to DoF's income tax reforms expected next week

THE House ways and means committee may come out this week with its revisions to the first tax reform package submitted by the Department of Finance (DoF) to Congress last month......»»

Category: financeSource:  bworldonlineRelated NewsOct 17th, 2016

House to retain EVAT benefits for senior citizens, PWDs

The chairman of the House Committee on Ways and Means has rejected the Department of Finance proposal to end the Expanded Value-Added Tax (EVAT) benefits granted to senior citizens and persons with disabilities (PWDs). Following the strong objection regis.....»»

Category: newsSource:  mb.com.phRelated NewsOct 7th, 2016

DOF submits first tax reform package

THE Department of Finance (DOF) has submitted to Congress the first package of tax reforms designed to lower personal income tax. In a statement on Monday, the DOF said that the first package submitted to the Ways and Means Committee of the House of Repre.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 26th, 2016

Solon proposes 1-year income tax exemption for new teachers

Marikina City Rep. Miro Quimbo, former chairman of the House Committee on Ways and Means, made the proposal as he sought a P15,000 across-the-board salary increase for public school teachers......»»

Category: newsSource:  tempoRelated NewsJul 18th, 2016

Tax break for new public school teachers mulled

Marikina Rep. Miro Quimbo, former chairman of the House Committee on Ways and Means, made the proposal as he sought a P15,000 across-the-board salary increase for public school teachers. ........»»

Category: newsSource:  manilanewsRelated NewsJul 17th, 2016

Harden, Durant both covet championship, mantle of best player

By Shaun Powell, NBA.com Houston -- Steve Kerr’s mind is made up. He’s seen enough. The debate is closed and conquered, the election over and the firm conclusion has been reached, at least from where he stands. Kevin Durant “is the best player in the world, the most skilled player in the world” according to Kerr, who may be biased, but he didn’t sound like it. Kerr said this not once, but four times in the last two weeks, just in case someone didn’t get the message. [Watch the Playoffs on NBA League Pass for 30% less with this limited time offer! Select Annual package and use code SAVE30 at checkout to redeem] It’s hard to see where the Warriors’ coach is going wrong. Durant is evidently on a mission to (a) win his third and perhaps final championship with the Warriors, and (1-a) become universally recognized as the singularly greatest force in the league, a distinction that means so much to him. To paraphrase Durant, y’all know who he is by now. Durant is sitting at the mythical 50-40-90 threshold in the playoffs, the benchmark for shooting accuracy and efficiency from the floor, three-point range and free-throw line. He’s averaging 35 points in the postseason, 39 in the last seven games. He has two near-masterpieces, the 50-point closeout of the Clippers in the first round and 46 on the Rockets in Game 3 of this series. He’s making contested jumpers from all over the floor and from all angles. There’s really no defense for him. But when this series is over, James Harden hopes to change the conversation. If he does, that means (a) the Rockets will pull off a stunning comeback from being down two games, and (b) Harden out-dueled Durant in the process. Is either possible? Well, Harden might be the only player qualified to do so, even with a left eye that still looks like the Japanese flag. He managed to minimize if not eliminate that poked eye by chopping down the Warriors and pulling the Rockets within 2-1 of the series. “I was just being aggressive,” he said. “I was in attack mode.” He’s attacking something else. Harden, too, wants exactly the same as his friend and former Oklahoma City teammate. A championship would be his first, so obviously that’s paramount. The mantle of “game’s greatest player” is also desired because Harden believes the last four years bear that out. In that span, he won the MVP award and finished runner-up twice, better than anyone. Of course, the missing prize is the championship, which is the final and most authentic validation, and this season at least he must go through Durant to achieve that. Harden’s postseason hasn’t been as stellar as Durant’s, although perhaps Game 3 marked a shift. Harden scored 41 points and sent the Warriors home on a step-back three-pointer in the final seconds of overtime. He and the Rockets are bringing a fresh sense of confidence and also have Game 4 in their house. Sending this series all square back to Oakland wouldn’t be beyond his or their abilities. “In `Harden World,’ that was good, but he can play better,” said Rockets coach Mike D’Antoni. “That’s James. That’s what he does.” There’s a growing sense among the Warriors, and with some justification, that Harden’s bloody eye is no longer an issue. Harden’s vision was pure when it counted two nights ago and every day brings him a step closer to normalcy, if he isn’t already there. “I think he’s good to go,” said D’Antoni. The other concern for Golden State: Harden’s beginning to figure out the rotations and the Warriors’ defensive scheme. They know Harden adapts quickly to defenders and their tendencies because, at this point, he’s seen it all. Harden is a tough cover because of his shooting range and unwillingness to lose confidence after a string of misses, and his craftiness off the dribble while attacking the rim. “He had 41 points and it was a good chess game,” said Andre Iguodala. “He made some really tough shots. Some shots, where you pat him on the butt, and you say ‘helluva shot’. I felt like it was a little bit of cat and mouse. A guy like that -- you can’t stop him one on one. The defense did a good job of helping off and stopping him. We just have to try to make it hard as possible for him.” The nightmare game for the Warriors is Harden hitting enough early baskets and forcing them to double, then finding teammates for open looks that they make, such as Eric Gordon. In that scenario, points would come in an avalanche and place stress on the defense and possibly get key players into foul trouble, most notably Draymond Green and a suddenly-foul-prone Steph Curry. There’s also an intriguing subplot in the works: The Harden-Durant can-you-top-this drama. With Curry and Chris Paul both performing below their standards in this series, the series seems fixated on Harden and Durant and  what they’re capable of doing to the other team and, by extension, against each other. There’s a genuine and hefty amount of respect between the two, who are friends away from the floor as well. Both left OKC and have since generated millions in endorsement money and find themselves near or at the top of the superstar pecking order. Durant has what Harden doesn’t, a championship. But perhaps Harden has what Durant craves, a team to call his own. That would be the only reason Durant leaves the Warriors in free agency this summer, because it’s difficult to imagine him signing with a team that offers a better chance to win championships or make more in salary than the one he’s already on. Durant earned more points with Harden a few days ago when he defended the Rockets guard, saying Harden doesn’t “cheat the rules” when he tries to draw fouls and manipulate the referees. Durant added: “He can do everything. If you’re not focused, he can drive past you, hit you with the shoulder because he’s strong, and finish with either hand. He can shoot floaters now. Obviously the step-back 3-pointer is one of his staples, but I never believed he was just a free throw guy. He can score in a variety of ways.” Harden must prove that in this series. Last season in the Western Conference finals, he turned to vapor as that series stretched seven games. He made just 24 percent from deep and, after Paul suffered a hamstring pull in Game Five, couldn’t handle the load. In the elimination game, he missed 11-of-13 from deep. Durant, meanwhile, was the star and weeks later would clinch another title and Finals MVP award, outplaying LeBron James in the process. So Kerr’s contention about Durant has much weight and credibility. Through three games of this second-round series, there’s been no reason to question the coach’s claim. Only one person can flip that perception and create doubt. James Harden, therefore, has a tough job ahead. Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsMay 6th, 2019

Amnesty on estate tax hurdles House

he House Committee on Way........»»

Category: newsSource:  manila_shimbunRelated NewsJan 21st, 2017

Tax reform bill ng admin tatalakayin na

BUBUWISAN na ang panalo sa lotto. Ito ay kapag naaprubahan ng Kongreso ang tax reform package ng administrasyong Duterte. Batay sa panukala, papatawan ng buwis ang napapanalunang premyo kasama na ang lotto at iba pang games ng Philippine Charity Sweepstakes Office ng hanggang 20 porsiyento. Base sa House bill 4774 ni House Ways and Means [&'].....»»

Category: newsSource:  remateRelated NewsJan 18th, 2017

VAT exemptions for seniors, PWDs to stay

The Department of Finance (DoF) is open to retain the value added tax (VAT) exemption for seniors and persons with disabilities (PWDs), Senate ways and means committee chair Senator Juan Edgardo Angara yesterday said......»»

Category: newsSource:  tempoRelated NewsJan 17th, 2017

Nation: VAT exemptions for seniors, PWDs to stay in tax reform

THE Department of Finance (DoF) is revising its personal tax reform proposal to keep the value-added tax (VAT) exemptions enjoyed by senior citizens and persons with disabilities (PWDs), according to Senate committee on ways and means Chairperson Juan Edgardo M. Angara......»»

Category: financeSource:  bworldonlineRelated NewsJan 17th, 2017

VAT sa restaurant, air travel fare ng senior citizens ipinaaalis

IPINATATANGGAL na ang value-added tax exemption ng mga senior citizens sa kanilang bayarin sa restaurant at air travel fare. Ito ang inihayag ni Department of Finance (DOG) Usec. Karl Kendrick Chua sa pagdinig ng Senate Committee on Ways Means na pinangun.....»»

Category: newsSource:  remateRelated NewsOct 26th, 2016

Planned PC revival backed

MANILA, Philippines – A member of the House of Representatives committee on national defense and security backed yesterday President Duterte’s plan to revive.....»»

Category: newsSource:  philstarRelated NewsSep 25th, 2016

Tax on lotto winnings eyed

MANILA, Philippines – The Senate ways and means committee will study proposals to tax lottery winnings to raise additional revenue for the government......»»

Category: newsSource:  philstarRelated NewsAug 14th, 2016

Angara nixes VAT hike, seeks review of exemptions

MANILA, Philippines – The Senate ways and means committee will review value-added tax exemptions to help raise revenues in lieu of hiking the 12 percent VAT.....»»

Category: financeSource:  philstarRelated NewsAug 3rd, 2016

It’s time to specifically outlaw invitations to foreign election meddling

FROM THE ST. LOUIS POST-DISPATCH As if to remind us how far US politics has strayed from normalcy, House Intelligence Committee Chairman Adam Schiff is calling for legislation to prohibit…READ The post It’s time to specifically outlaw invitations to foreign election meddling appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 20th, 2019

Bucks making case as favorites to win title

By John Schuhmann, NBA.com MILWAUKEE -- In the wake of a wire-to-wire, 125-103 victory in Game 2 of the Eastern Conference finals, a question for the group: Shouldn't the Milwaukee Bucks be the favorites to win this thing? No, not the conference finals. At this point, they're obviously the heavy favorite to win the East. Prior to this year, 72 teams had a 2-0 lead in the conference finals, and 67 of them went on to win. But why aren't the Bucks the favorites to win the NBA championship? Is there a case to be made against 1) what was the best team in the regular season and 2) what has been an even better team in the playoffs? [Watch the Playoffs on NBA League Pass for 30% less with this limited time offer! Select Annual package and use code SAVE30 at checkout to redeem] Maybe this is a we'll-believe-it-when-we-see-it league. How can you pick a team to win a championship when its best player had never won a playoff series prior to this year? Until they lost in five, it was easier to imagine the Celtics, with their talent and with their recent history of playoff success (back-to-back trips to the conference finals), being the team to represent the East in The Finals in the first year A.L. (after LeBron). And then the Bucks outscored the Celtics by a total of 65 points over the last four games of the conference semis. It's similarly difficult to pick against the Golden State Warriors until they actually lose. The two-time defending champs have Stephen Curry, Klay Thompson and Draymond Green. Presumably, they'll have Kevin Durant back for The Finals should they finish off the Portland Trail Blazers in the Western Conference finals. And even without Durant, the Warriors boast the same 2-0 conference finals lead the Bucks currently possess. But the Warriors haven't been as sharp as they were in each of the previous two postseasons. Five of their 10 playoff wins have been within five points in the last five minutes. Last year, only four of their 16 wins were within five in the last five. In 2017, it was four of 16 as well. With the postseason's 10th-ranked defense, Golden State has outscored its opponents by 6.4 points per 100 possessions over its 14 games. The Bucks have outscored their opponents by more than double that: 15.1 per 100. That feels like the mark of an eventual champion. Through 10 playoff wins last year, the Warriors had outscored their opponents by 9.6 points per 100 possessions. Through 10 playoff wins in 2015, they had outscored their opponents by just 7.7 points per 100. It was only in 2017, when they won their first 15 playoff games in Durant's first season in Golden State, that the Warriors were as dominant as the Bucks have been thus far. At 10-0 two years ago, Golden State had outscored its playoff opponents by 16.5 points per 100 possessions. At that point, the Warriors had the No. 2 offense and the No. 1 defense in the postseason. That's exactly where the Bucks stand after Game 2 on Friday (Saturday, PHL time). Milwaukee is a complete team in more ways than one. The defense has been there almost every night. The Bucks have held their opponents under a point per possession (the measure of elite defense) in six of their 11 games and only once (their Game 1 loss to Boston) have they allowed them to score more than what was the league average (109.7 points scored per 100 possessions) in the regular season. Even with the rise in three-point shooting over the last few years, the most important shots on the floor remain those at the basket, and no team has been better at both preventing and defending those shots than the Bucks. After allowing a league-low 29.6 points per game in the restricted area in the regular season, the Bucks have allowed just 22.0 per game in the playoffs. In this series, Raptors drives have been met with a swarm of Milwaukee defenders, making it difficult to either score in the paint or get off a clean pass to an open shooter. After shooting 57 percent in the paint through the first two rounds (in which they faced two very good defenses), the Raptors have shot just 49 percent (36-for-73) in the paint through the first two games of the conference finals. On Toronto's first possession of Game 2, Marc Gasol posted up Khris Middleton after a switch and spun around Middleton for a layup, only to be rejected by Giannis Antetokounmpo. The Raptors went scoreless on their first five possessions, had just 39 points on 49 possessions at halftime, and were too far behind for a 39-point third quarter to matter much. "I think the way we played on both ends of the court in the first half," Budenholzer said afterward, "is what we're trying to get to." After a bit of an offensive struggle in Game 1, the Bucks broke out on Friday (Saturday, PHL time). The elite defense led to 28 fast-break points, a size advantage inside led to 17 second-chance points, and six of their nine rotation players scored in double-figures. Three of those six came off the bench. While Toronto coach Nick Nurse has had to both shorten and alter his rotation in these playoffs, Bucks coach Mike Budenholzer has seemingly found contributors wherever he has turned. George Hill and Pat Connaughton were huge in the Boston series, Malcolm Brogdon didn't need long to find his rhythm after missing the first eight postseason games, and on Friday (Saturday, PHL time), Ersan Ilyasova had what Budenholzer called "clearly his best game of the year," scoring 17 points, drawing three charges, and registering a plus-22 in just over 21 minutes off the bench. The Bucks have the presumed Kia MVP, but their biggest strength in these playoffs has been their depth. Through 11 games, they've outscored their opponents by 12.0 points per 100 possessions with Antetokounmpo off the floor. Unlike his fellow Eastern Conference coaches, Budenholzer has never had to rush his best player back onto the floor. And this team is now 10-1 with Antetokounmpo ranking 40th in postseason minutes per game at 32.3. While the Raptors' offense has struggled to take advantage of the attention paid to Kawhi Leonard, every Bucks rotation player has played with confidence and freedom. "They're not going to let me play one-on-one," Antetokounmpo said after registering 30 points, 17 rebounds and five assists in Game 2. "So this series is not going to be about me; it's going to be about my teammates being ready to shoot, being ready to make the right play." "We try and empower them," Budenholzer said of his team's role players. "We try to play a way where they all feel like they can contribute and do things. Hopefully that's paying off for us." There's no argument to the contrary. But is there an argument against this team being the favorite to win the championship? While it remains difficult to pick against the team that won last year and remains intact, new champions come along all the time, and it's easier to see them in hindsight than in the moment. Of course, as good as they've been playing and as special as this run has felt, Bucks players refuse to get ahead of themselves. "You can't," Eric Bledsoe said. "That's how you lose focus. The biggest thing with this group is just taking a game at a time, and not looking forward to The Finals. Anything can happen. So we're focused on Game 3." "It's a great opportunity that we have," George Hill added, "but it means nothing until we get there." The players have to keep their minds on Toronto. But the rest of us can feel free to envision the future, one that includes an NBA championship. John Schuhmann is a senior stats analyst for NBA.com. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsMay 18th, 2019

UST, St. Clare part ways in D-League

The Tigers and Saints clash at 4 p.m. as they break their share of second place in the Aspirants Group at 5-2 and hope to gain ground in the quarterfinals race......»»

Category: newsSource:  tempoRelated NewsMay 16th, 2019

Hunt tells Browns, You can trust me, after violent past

By Tom Withers, Associated Press BEREA, Ohio (AP) — Once he found the courage, Kareem Hunt watched the infamous video of him shoving a woman and then kicking her while she was on the ground. Like millions of others, he was disturbed. "I was like, 'Wow, it's pretty bad. That's not me,'" he said, recalling his reaction. "I didn't really watch the video for a long, long time." Hunt swears he's since changed. Given a second chance by his hometown team and the NFL, Hunt spoke Wednesday for the first time since being signed in February by the Browns, who are hoping the 23-year-old has learned from his mistakes and can outrun his violent past. It's been an embarrassing and humbling five months for Hunt, released in December by Kansas City just days after a surveillance video showed him physically abusing a woman during an argument in a Cleveland hotel hallway in February 2018. He wasn't forthcoming to the Chiefs about what transpired and paid the price. But Browns general manager John Dorsey, who drafted him in 2017 while GM with the Chiefs, decided Hunt deserved a shot at redemption. Hunt said he's determined to make the most of it. "I'm just taking it very seriously," he said. "Like day by day, I'm just making the best decisions at the time and place. And doing everything I can and prevent something like that from happening again." Hunt said he's promised Dorsey his violent days are over. "I told him, 'You can trust me.' I've got to earn his trust, and I've got to earn everybody's trust in the whole organization," he said. "I'm not willing to mess that up." Hunt must serve an eight-game league suspension for "physical altercations" before he can play. For now, he's allowed to practice with his teammates during the Browns' offseason training activities, and his time on the field is providing a sanctuary and a place to begin making amends. While he's remorseful about his past, Hunt knows only his actions going forward will help him earn back trust. He's keeping a close circle of friends and working in the community by speaking to high school students about making smarter decisions. "It's very meaningful for them and for me," he said, "just knowing that I can help them, and talk to these kids about just life. A lot of them have dreams to play football and stuff like that, too, and just giving them positive lift-up. Just always believing in themselves." Hunt said part of his motivation for speaking was because he didn't have the same opportunity. "I didn't really have anybody come talk to me when I was in high school," he said. "Somebody to look up to and explain that, 'You know, nobody's perfect and you gotta learn from your mistakes and don't make the same mistakes.'" Hunt has been undergoing weekly counseling to help control his behavior. He denied being treated for an alcohol dependency. "Not so much alcohol, but it was just in there a little bit," he said. "I pretty much just focused on making myself the better person and talking to them about how to control my anger. I'm not an angry person at all, definitely not. I just felt like I had to make better decisions. I want to talk about ways to make better decisions in certain situations I'm put in." Hunt has not reached out to the victim in the video. If he did, he would ask for her forgiveness. "If I was to see her, I would apologize to her face," he said. "But I have not had the chance to do that. I don't know any ways of contacting her." As for the Chiefs, who felt betrayed by his dishonesty, Hunt insists he told them what he could before the video showed a different story. "I know I'm not going to mess this up again," he said. "And the Chiefs, I didn't really lie. I just told them what I knew at the time, and when the video came out, it was me seeing it too for the first time again, it was so long ago. They felt like I lied to them. That's all right." Hunt said a renewed Christian faith has helped him get through this period of his life. He plans to be baptized Sunday. "I'm looking forward, so I can feel reborn," he said......»»

Category: sportsSource:  abscbnRelated NewsMay 15th, 2019