Tax reform burden to Filipinos, warns solon

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BY PRINCE GOLEZ, Manila Reporter
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WIKIMEDIA

A vendor arranges the products she’s selling at her sari-sari store. The proposed tax reform pushed by the Duterte administration includes an excise tax on sugar-sweetened beverages.

MANILA – Once the proposed tax reform measure is passed into law, it would lead to higher prices of basic goods and other services, warns Sen. Paolo Benigno “Bam” Aquino IV.

“Alam naman natin na ang pagtaas ng bilihin ay napakasakit sa bulsa ng maraming Pilipino,” Aquino on Wednesday said.

While they do not have the necessary number to block the passage of the measure, the lawmaker assured that he and other minority senators would help ease the measure’s burden on the public.

“Kaya sinisikap naming siyasatin ang lahat ng probisyon. Ang binabantayan namin sa minority ay masiguro ang mga benepisyo sa tao, tulad ng pagkakaroon ng bagong bracketing sa personal income tax,” he said.

“Para naman sa mahihirap nating kababayan, hindi dapat ipataw ang mga bagong tax na magpapataas ng presyo ng bilihin, tulad ng excise tax on fuel, hangga’t hindi nasisigurado ng gobyerno na magiging maayos ang unconditional cash transfer program.”

Meanwhile, Aquino, also the vice chairman of the ways and means committee, urged the public to speak out against the proposed tax changes.

“Sana mas maging aktibo ang taumbayan, na kung ayaw nating tumaas ang bilihin, dapat magsalita tayo. Dumulog tayo sa ating mga congressman at senador kasi masakit sa pamilyang Pilipino kapag nagkaroon ng pagtaas sa presyo ng bilihin,” he said.

The senator previously filed Senate Bill No. 697 that seeks to revise the current income tax bracket set by the National Internal Revenue Code of 1997.

It aims to amend Section 24 of the Code by adjusting the levels of net taxable income and simplifying the nominal tax rates for the purposes of computing the individual income tax.

The Aquino measure would effectively lower the taxes on the 22-million Filipino working class, he said./PN
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