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

mjtfernandez · 45 · 9944

wilch23

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Reply #30 on: Jun 10, 2017, 02:41 PM
TRAIN - code name of Tax Reform blah blah.. Bill

Eto na ang mga particulars (source: Winnie Monsod, PDI):

"TRAIN itself (tax reform), or Package 1 of it, which includes reforms on the personal income tax (-P144.5 billion), value-added tax (+P81 billion), petroleum excise (+P73.7 billion), automobile excises (+P14.1 billion), sugar-sweetened beverage excise (+P47.0 billion), tax administration measures (+P43.8 billion), and complementary measures (+P18.9 billion).

The figures in parentheses are the estimated impact of the measures for 2018. On this basis, the package would result in a net gain of P133.8 billion for the government, equivalent to about 0.8 percent of the country’s gross domestic product."

Parang half lang ng 133.8B ang projected net gain ang na pass ng HOR.
Anyway meron naman daw 30B na pamimigay sa mga tao - lower income group daw - mechanics unknown.
Pero next year lang yan, succeeding years will depend on budgets passed for succeeding years. So pwedeng meron pwedeng wala.

Useless ba eto para sa atin?


wilch23

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Reply #31 on: Jun 24, 2017, 12:14 PM
Update on the TRAIN:

Eto pala ay GRAVY TRAIN for the govt, kasi designed outright to increase tax collection instead of easing the tax burden on US, tayo.


wilch23

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Reply #32 on: Jun 24, 2017, 12:17 PM
Under the current income tax system, income of 10,000.00/yr is tax exempt (this would be HILARIOUS if it were not so TRAGIC).
The new TRAIN system will move the lever up to 250,000.00/yr.
A 25x factor, dba?

On the other end of the spectrum, the top tax bracket kicks in at 500,000.00/yr.  :'(
The new tax rate system will make this 1,450,000.00/yr!  :cry: :taaskilay:
Less than 3x !!!
« Last Edit: Jun 24, 2017, 12:21 PM by wilch23 »


wilch23

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Reply #33 on: Jul 11, 2017, 06:51 PM
Tax Liabilities of DMPI for 2011-2013 slashed by BIR, via "compromise", from 30B to 65.4M.

Iba na yan ah!
Ang dating BIR-Commissioner (how appropriate naman ng title), under investigation na!


wilch23

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Reply #34 on: Jul 19, 2017, 08:39 AM
CTA just ruled that the Pinoy employees of ADB are not exempted from paying income tax. Buti naman!

Just wondering, since there were some public pronouncements from several prominent govt officials, including DU30, of the desire to have Pinoys stay and work in the RP instead of being OFWs, maybe there should be a review of the tax exemptions for OFWs.
« Last Edit: Jul 19, 2017, 08:46 AM by wilch23 »


wilch23

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Reply #35 on: Jul 19, 2017, 08:48 AM
Hornests' Nest ba?

Take a moment to think with an open mind.
Say tax only income above 600,000/yr
That would mean no more additional taxes for local economy and wages.
In addition, there will be some incentive for people to stay and work to improve the Philippines.

Say nyo?


wilch23

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Reply #36 on: Jul 20, 2017, 08:39 AM
Bawasan na ang tax rate!
Pati na rin ang COMPLICATED way of COMPUTATION and PAYMENT!!!

GRRR!


wilch23

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Reply #37 on: Jul 27, 2017, 02:01 PM
Proposed Tax Reform Bill is anti-consumer - JV Ejercito

Lahat tayo consumers dba?


wilch23

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Reply #38 on: Jul 27, 2017, 04:17 PM
Mighty Cigarettes malapit na ba matapos ang problema?
25B daw ang ibabayad sa BIR as compromise, then quits na.  :bahalaka:

Meanwhile meron din 400-600B budget na unspent from last year.  :o
Bakit gusto pa ng TRAIN (Tax reform proposal ng DU30 admin) na magdagdag ng taxes?!! :cry:
« Last Edit: Jul 27, 2017, 04:20 PM by wilch23 »


wilch23

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Reply #39 on: Jan 10, 2018, 08:59 AM
Annual Income of 250,000.00 and below is now TAX FREE ...

Pero UP ang FUEL and POWER rates ang new year ...
TAAS din 20% ang stock trading tax!!

Nakatulong ba yan sa inyo?!


wilch23

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Reply #40 on: Jan 29, 2018, 07:11 PM
Bakit ba ganyan ang thinking ng DU30 admin?

Babawas daw tax pero meron itataas na tax somewhere else.
Don't they know that by lowering tax rates, people will spend more therby creating much more economic activity which will result in more taxes being paid?


wilch23

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Reply #41 on: Mar 14, 2018, 08:46 AM
NAISAHAN tayo ng TRAIN!

Prices are going up!
Lugi ang tax savings if any!


wilch23

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Reply #42 on: May 15, 2018, 08:55 AM
Government is messed up when it is more concerned about CREDIT Ratings than the WELFARE of the people.


wilch23

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Reply #43 on: May 30, 2018, 09:43 AM
This BILL is a total farce!
IT is not intended to lower taxes AT ALL!


Spellstalker

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Reply #44 on: May 22, 2019, 07:18 PM
I can't agree more with this wise statement: 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... Reducing povrty begins from top govrnmnt officials


 


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