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Pangilinan: Duterte admin did well on adjusting taxes, but...

If President Rodrigo Duterte did something good during his administration, it was the adjustment of the corporate income taxes, Senator Francis "Kiko" Pangilinan said Wednesday.

"Mabuti ang isinusulong nilang adjustment sa corporate income tax. Binabaan para magkaroon ng investments.. (Their push for adjustment in corporate income tax was good. They decreased it to allow more investments.)," Pangilinan said over The Mangahas Interviews episode.

In March, Duterte signed the Corporate Recovery and Tax Incentives for Enterprises (CREATE) into law which will reduce corporate income tax from 30% to 25% for corporations,  and 20% for micro, small and medium enterprises. 

However, the opposition senator still pointed out the lapses in the government's overall performance, adding that all presidents even late and former dictator Ferdinand Marcos made some improvements.

"Lahat ng gobyerno may mabuting nagawa kahit si Marcos may mabuting nagawa. Hindi naman lahat palpak. Pero sa kabuuan ano ba talaga?" said Pangilinan.

(All governments did something good during their term, even Marcos. Not all terms were disasters. But we must look at the overall.)

Pangilinan slammed the Duterte government's lapses in the COVID-19 response as well as the economic crisis.

He said the Philippines took the second to the last spot in a global ranking in terms of containing the pandemic

He further said the country had the worst economic crisis since World War II. 

"Madaming gutom, maraming naghihirap, maraming nawalan ng trabaho. (Lots of people were hungry, became poor, and lost their jobs. ) It is the worst health crisis in a hundred years dahil binalewala, minaliit noong umpisa (It was downplayed at the onset)," the senator said.—Consuelo Marquez/LDF, GMA News