Lawmaker: Gov’t to gain P22B from travel tax abolition

MANILA, Philippines — The government could generate as much as P22 billion in additional annual income if it abolishes travel tax, far exceeding the projected P7.5 billion in foregone revenues, a lawmaker said on Sunday. “We will lose overall P7.5 billion annually if we remove it,” Marikina Rep. Miro Quimbo said as he pushed for