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Jinggoy wants PEACE bonds probed

Senate President Pro Tempore Jose “Jinggoy“ Estrada has filed a resolution asking the Senate to reopen the investigation into the P35-billion so-called Peace Eradication and Alleviation Certificates (PEACE) bonds controversy.

MANILA, Philippines Senate President Juan Ponce Enrile conceded yesterday that Congress is partly to blame for giving tax incentives to the rich but continues to increase taxes on the poor. Enrile made this disclosure during the public hearing by a Senate finance sub-committee chaired by Senator Ralph G. Recto on the proposed 2012 R11.5-billion budget […]

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