Lawmaker pushes for tax exemptions, breaks for ordinary folk
Lawmaker pushes for tax exemptions, breaks for ordinary folk
By RAYMOND CASTRO
Bulatlat.com
MANILA – A progressive lawmaker is pushing for more tax breaks for ordinary folk, saying this can help struggling families to cope with the rising prices of food, basic services, and other staples.
“Rising prices and untamed inflation rates in the past few years all the more justify the need for a tax reform package that would reduce the income tax rates of the overburdened Filipino working-class families. Reducing income tax rates for working families will not only improve their way of life, but also strengthen their purchasing power which will boost overall domestic demand for consumer goods,” ACT Teachers Party-list Representative France Castro said.
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