- Target:
- Call Center Employees and Minimum Earners
- Region:
- Philippines
The 15th and the 30th are the most awaited and dreaded days every month. More people out, more traffic on the road and more money in the pocket–not. We’re the third-highest taxed country in the ASEAN, and with an average monthly income of less than P30,000 (less tax), there’s not much wallet wiggle room. Let’s imagine how all of us middling earners would benefit if we took home our whole pay and fully enjoyed the fruits of our labor, without taxes.
We,the undersigned,call on the members of the House of the Representatives and the Senate of the Philippines to expedite the approval of the House Bill 4774 or the Comprehensive Tax Reform Program.
We also ask for the full support of President Rodrigo Duterte and the members of the Dutertenomics in this measure.
We believe that under the House Bill 4774, the top PIT rates will also be reduced from 32 percent to 25 percent over time, except for the very rich, making the system truly progressive because low- and middle-income taxpayers will enjoy an increase in their take-home pay as a result of their would-be lower tax payments. For example a call center agent earns Php.21,000.00 a month with a gross annual income of Php.273,000.00 inclusive of the 13th month pay and the other benefits will still fall on the zero tax bracket of the Bureau of Internal Revenue.
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The Support the House Bill No: 4774 or the Comprehensive Tax Reform Program petition to Call Center Employees and Minimum Earners was written by Macklin Laure and is in the category Law Reform at GoPetition.