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We should lower our taxes! Lets support Sen Bil 2149!

mjtfernandez · 45 · 9957

mjtfernandez

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I recently stumbled upon a facebook post by Sen. Sonny Angara:

It says "What's the point of having a rich government if you have poor families?"

When I think about it, Sen. Angara is right in saying that the economic and credit upgrades, high gross international reserves that we are just having for the past few months have not really managed to uplift the lives of the Filipino people.

We have seen how Standard and Poor, Moody's and Fitch increase our credit rating to investment grade. But, be honest to yourself. Do you really feel the upgrade?

Probably a few people would say yes but for most people, they would say no. I believe that the government has failed to let the economic progress trickle deep down to the middle class and to the lowest level of society.

The facebook post further states: Sen. Angara's Senate Bill No. 2149 aims to reduce the maximum tax rate from the current 32% to 25% by 2017 para may dagdag na panggastos ang mga pamilyang Pilipino.

If you really like this bill and feel you are over-taxed, please tell your Congressman to support and clamor for it. Because if the House of the Representatives does not move, hindi rin makagalaw ang

I agree with this neophyte senator. If we really want this bill to push through we must let our congressmen know that we support this bill. We netizens can also let our desire to have this bill push through by making a voice in the net. Please support Sen. Angara's move by posting your facebook, twitter and other social media accounts your support for Senate Bill 2149 and dont forget to hash tag #LowerIncomeTaxNow.

In the end, lower taxes would mean more spending. More spending would mean, more economic activity. More economic activity would mean more jobs. More jobs would mean more taxes.

I really do not know Sen. Angara personally but with this, I think he is just showing what a senator should really do - and that is to promote the welfare of the Filipino people, the very people who voted him.

MJTF
(For more of my articles please visit my blog at www.financePH.com)


lemreyes

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Reply #1 on: Aug 12, 2014, 06:12 PM
How come only by 2017?  Does it really take that long?


mackygoof

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Reply #2 on: Aug 13, 2014, 02:37 PM
probably takes longer than that. :D

they should change the tax system so that rich people pay more while poor people pay lesser.
Lowering the tax down might not be an ideal solution imo.

dami lang talaga kurakot sa gobernyo. :D


Wills

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Reply #3 on: Aug 13, 2014, 08:36 PM
I support Senate Bill No. 2149!


hakaw

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Reply #4 on: Aug 14, 2014, 08:59 AM
they should change the tax system so that rich people pay more while poor people pay lesser.
Lowering the tax down might not be an ideal solution imo.

I heard on the news that this tax table goes back to 1982. Tama ba? If yes then, simply adjusting the tax brackets to account for inflation will do the trick.


mackygoof

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Reply #5 on: Aug 14, 2014, 10:03 AM
2 years na ako wala sa pinas so not sure if same pa din.
imagine mo yung married and dependent deductions are too small.

Even bonus is taxed if 30k above or 25k (di ko na maalala). hindi pa din yata nataasan.

lahat ng tax system outdated. travel tax for instance goes back to Marcos days also and never was changed.





george88

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Reply #6 on: Aug 15, 2014, 04:08 PM
I doubt PNoy will approve this nauna pang naapbruhan ang Cyber crime bill than FOI and CHACHA has no progress...


dhie221

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Reply #7 on: Nov 06, 2014, 01:20 PM
Let's hope matuloy to kase mga pulitikong corrupt lang naman nag yumayaman dahil sa tax naten tsk! tsk! tsk!


Jayumaster

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Reply #8 on: Nov 07, 2014, 12:42 PM

they should change the tax system so that rich people pay more while poor people pay lesser.
Lowering the tax down might not be an ideal solution imo.


And probably clarify which one is considered rich and which one is poor.

Can a businessman be considered rich?
Paano kung ang business nya ay life savings nya gambling for survival. if he is taxed more just because he qualified into the "Rich" bracket, that would be so unfair.
What about small corporations, people who pooled their resources for income and preservation?
And those start-up businesses?

Not only reforming the tax system per se but also a deeper study before implementing such reform.

My opinion: 5 year tax exemption on start-up businesses with an accumulated/undivided capital of less than 20Million. Para ganahan namang magbusiness ang mga Pinoy at baguhin na ang kasabihang:

"Mag-aral kang mabuti anak, para pag laki mo, magkaroon ka ng magandang trabaho."  :bahalaka:


george88

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Reply #9 on: Nov 07, 2014, 03:44 PM
Mali lang ang tax bracketing dapat pag 100,000 above ka lang mag 30% at dapat walang ZERO TAX for 4 children this is a PRO-CHURCH way of taxation. Singles shouldn't carry the burden of the brainwash people 2-3 CHILD IS ENOUGH


himechan14

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Reply #10 on: Nov 07, 2014, 09:13 PM
Mali lang ang tax bracketing dapat pag 100,000 above ka lang mag 30% at dapat walang ZERO TAX for 4 children this is a PRO-CHURCH way of taxation. Singles shouldn't carry the burden of the brainwash people 2-3 CHILD IS ENOUGH


Agree! Ang taas ng tax kapag single #huhubels every 15 days. I stopped looking at my payslip kasi nakakasama lang ng loob. Minsan may nareceive ako na incentive, in a 15 day cut-off more than 8K tax ko. Pang EIP na sa stock market yun!


Yung 100,000 ka ba na sinusuggest is per annum/monthly? Gnun din if per annum yung 100,000 na bracket. Sana kapag more than 300K-350K annual gross income bago maghit ng 30% taxes. Majority kasi ng working class na tulad ko earn more than 100,000 per annum


DreamWalker

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Reply #11 on: Nov 08, 2014, 04:54 AM
para sakin ay 50-50, 50% para mas malaki ung take home income ng employee and 50% na hindi kasi malaki ang mawawala sa kaban ng bayan. maaring madaming magtataas ng kilay na sasabihin eh sa pulitiko lang naman ung pera. Me mali lang kasi sa media natin na lahat ng nasa balita eh puro kurakot news kaya nama mindset ung mga pinoy na lahat ng taxes na nakukuha sa kanya eh napupunta sa wala. For example isang tulay hindi natuloy kasi madami kumurakot tyak nasa balita yan pero pano naman ung mga tulay na napakinabangan ng maraming tao pero hindi naman nababalita. Kuwarto ng iskul ndi natuloy kasi me nangurakot nasa balita pero ung mga rooms na napatayo at napakinabangan ng madaming bata eh hindi naman nababalita.

maaring ngang lalaki take home natin pero paano naman ung mga taong hindi nagbabayad ng tax paano sila tutulungan ng gobyerno kung walang pera. For example ung subsidy ng gobyerno na binibigay sa mga sumasakay ng lrt/mrt kung liliit ang kaban ng bayan maaring alisin nila and then lalaki ang pamasahe ng mga sumasakay.

me isang problema lang kasi ang mga filipino lagi silang nagtatanong kung ano ang magagawa sa kanila ng bansa nila pero natanong na ba nila kung ano ang nagawa nila sa bansa nila.Isipin natin na hindi lahat ng nagta trabahong filipino ay nagbabayad ng income tax and ung mga nasa company or me income tax number ang sumasalo ng tax nila. mali din mag compare ng bansa to bansa about sa tax kasi mas madaming mahirap sa bansa mas kelangan ng ung tax para matulungan ung mahihirap (tyak me magsasabi na hindi naman nakakarating)

mas pabor ako kung ung bill about digital transaction sa atin eh mapabilis, mahirap kasi ung mga paper transaction don lumalabas ung kurakot. napepeke ung pirma, napapalitan ung amount ng materyales, etc... kung digital transaction kasi walang pera na hahawakan.

in the end, isipin lang natin ung positive na nagagawa ng govt hindi ung lagi laman ng news. kasi puro pangit naman ang nasa balita kasi commercialize ang news sa atin. The more na pangit the more na palalabasin nila un kaya nama mindset ung mga filipino na wala ng ginawa mga tao sa gobyerno at ang gobyerno kundi mangurakot.

one time me nakausap ako umuwi sa pinas ng xmas season binati daw siya ng teller o custom ng merry xmas ang naisip kagad niya ay naghihingi ng pamasko, hindi ba puwedeng isipin na binati ka kasi spirit ng xmas, naisip mo kagad eh naghihingi ng lagay, un kasi ang naka mindset sa kanya na pag binati ka pera kagad.

ang mahirap kasi sa ibang pinoy lagi naka asa sa gobyerno, hindi sila gumagawa ng paraas para guminhawa tapos pag hindi guminhawa sisisihin ang govt o presidente.

hindi po ako politiko o pro govt, naniniwala lang ako na me nagagawang maganda ang gobyerno bukod sa nadidinig natin sa national news sa gabi.

"ask not what your country can do for you, ask what you can do for your country" - JFK



wilch23

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Reply #12 on: Apr 19, 2017, 06:04 PM
Matutuloy pa ba etong lower income tax bill?


Thomas

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Reply #13 on: Apr 19, 2017, 06:26 PM
I heard on the news that this tax table goes back to 1982. Tama ba? If yes then, simply adjusting the tax brackets to account for inflation will do the trick.
That's a common trick politicians in the world use to CLAIM they lower the tax, without realy doing so...


wilch23

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Reply #14 on: May 05, 2017, 10:51 PM
Tax Reform Bill has passed House committee.
One small step for ...


 


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