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Philippines ‘sin tax’ introduced, dampens New Year fun

President Aquino, center, signs into law Republic Act 10351, Sin Tax Reform Bill 2012, on Dec. 20, 2012. The "sin tax" on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines Tuesday, Jan. 1, 2013, as part of a government bid to boost finances.  AP/MALACAÑANG PHOTO BUREAU, LAURO MONTELLANO JR.

A “sin tax” on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines Tuesday, as part of a government bid to boost finances.

Posted: January 1st, 2013 in Latest News Stories,Nation,Photos & Videos | Read More »

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