this is plainly stupid.<\/p>\n
‘Bistek’ to sign QC socialized housing ordinance
\nby Atom Araullo, ABS-CBN News
\nPosted at 10\/17\/2011 8:55 PM | Updated as of 10\/17\/2011 8:55 PM
\nQUEZON CITY, Philippines – Quezon City’s Socialized Housing Tax Ordinance (SHTO) has passed third and final reading in the city council on Monday.
\nMayor Herbert Bautista is expected to sign the new ordinance on Tuesday, and it will be fully implemented by January of 2012.
\nIn a press conference Monday morning, city councilors led by Vice-Mayor Joy Belmonte defended the SHTO, which will impose an additional 0.5% tax on land owners in quezon city.
\nOnly homeowners with city-assesed real property values exceeding P100,000 will be covered by the new tax.
\nvia ‘Bistek’ to sign QC socialized housing ordinance | ABS-CBN News | Latest Philippine Headlines, Breaking News, Video, Analysis, Features<\/a>.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"this is plainly stupid. ‘Bistek’ to sign QC socialized housing ordinance by Atom Araullo, ABS-CBN News Posted at 10\/17\/2011 8:55 PM | Updated as of 10\/17\/2011 8:55 PM QUEZON CITY, Philippines – Quezon City’s Socialized Housing Tax Ordinance (SHTO) has passed third and final reading in the city council on Monday. Mayor Herbert Bautista is … <\/p>\n