Ex-Finance chief backs Iloilo City RPT hike but warns on abrupt 300% jump
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Ex-Finance chief backs Iloilo City RPT hike but warns on abrupt 300% jump
ILOILO City – Former Finance Secretary and economist Dr. Jesus P. Estanislao defended Iloilo City’s 300 percent real property tax (RPT) hike as a long-overdue adjustment after nearly two decades of inaction, but cautioned that a sudden implementation risks burdening taxpayers unless tempered with transparency and phased rollout. “Taxation is always related to what is […]
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