Marcos to seek emergency powers for lower fuel excise taxes if crude prices soar
President Ferdinand "Bongbong" Marcos Jr. on Tuesday said he would talk to congressional leaders to grant him the authority to reduce excise taxes on petroleum products once the price of Dubai crude exceeds $80 per barrel.
REXSON PENEYRA
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President Ferdinand "Bongbong" Marcos Jr. on Tuesday said he would talk to congressional leaders to grant him the authority to reduce excise taxes on petroleum products once the price of Dubai crude exceeds $80 per barrel.
