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Mandaue business leader backs tax reforms, warns vs price manipulation

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PHILSTAR FILE

A CEBU business leader expressed support for President Rodrigo R. Duterte’s call for support on the implementation of tax reforms as he called on businessmen not to use it to manipulate prices. “We are aware that the purpose of implementing tax reforms is to fund infrastructure and other programs for development. The business sector confidence of his leadership is very strong now,” said Mandaue Chamber of Commerce and Industry (MCCI) President Stanley Go. In his third State of the Nation Address last Monday, Mr. Duterte warned businesses against citing the Tax Reform for Acceleration and Inclusion (TRAIN) Law as a reason to jack up prices. — The Freeman

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