STATEMENT OF SEN. AQUILINO Q. PIMENTEL, JR.
(On administration's tax enhancement measures)

1. I support higher taxes for alcohol and tobacco. I also support putting picture warnings on ill effects of smoking on packages of cigarettes.

2. If explained carefully and reasonably I will also support rationalization of fiscal incentives (tax exemptions)

3. Yes to the simplified net income taxation system for professionals and self-employed - to generate additional revenues and narrow down the budget deficit.