Quimbo: Travel tax abolition to generate P22B in annual gov’t income

MANILA, Philippines — Marikina City Rep. Miro Quimbo on Sunday said the proposed abolition of travel tax is a “no brainer” as it could generate as much as P22 billion in additional annual income for the government, far exceeding the projected P7.5 billion in foregone revenues. Quimbo made the pronouncement amid talks of abolishing travel