Headstart | ANC (14 August 2026)

Here's the news from Headstart this August 14, 2026. Chapters: 00:00 - Headlines and Headstart Intro 01:13 - Proposed Income Tax Exemption up to P350,000 03:17 - ACT Teachers Rep. Tinio opposes regressive revenue generating measures 04:36 - Rep. Miro Quimbo on higher personal income tax exemptions 07:44 - How the government plans to offset P70B annual revenue losses 12:02 - Status of Value Added Tax (VAT) adjustments and electric bill deductions 15:00 - Lowering the VAT and preserving the Philippines’ sovereign credit rating 17:15 - Looking into imposing austerity measures in government agencies 22:37 - Calibrating the PH Debt-to-GDP Ratio vs ASEAN Neighbors 26:03 - Current gaps on uncollected taxes and leakages 30:51 - Tensions flair: A call for proper decorum at the VP Sara Duterte impeachment 35:12 - VP Duterte defense deputy spox Atty. Justin Gular on the Sub Judice Rule 42:43 - Clarifying the "misleading questions allowed" exchange from Atty. Kristine Ferrer 48:47 - Reason why the VP’s defense panel isn't rushing a formal rule violation motion With Reports from:  Katrina Domingo Subscribe to iWant to watch ANC live and on-demand: https://www.iwanttfc.com For more Headstart videos, click the link below: https://www.youtube.com/playlist?list=PLm34qRgqWBU5o1NqGNYxkrRyEpJRAEuJi For more ANC Highlights click the link below: https://www.youtube.com/playlist?list=PLaYDUgwCsh60 For more The World Tonight videos, click the link below: https://www.youtube.com/playlist?list=PLgyY1WylJUmjcx3D-NKOQ1b9oNibUXc1a Subscribe to the ANC YouTube channel! https://www.youtube.com/user/ANCalerts Visit our website at https://news.abs-cbn.com/anc Facebook: https://www.facebook.com/ancalerts Twitter: https://twitter.com/ancalerts #TaxReform #P350kTaxExempt #Philippines #VPSaraDuterte #ImpeachmentTrial #SubJudiceRule #Headstart #ANCNews #ANCAlerts