TUCP welcomes Senate proposal to reduce income taxes

The Trade Union Congress of the Philippines (TUCP) today welcomed proposals in the Senate to give salary earners tax breaks by reducing income tax rates.

The TUCP said that the proposal will improve the take-home pay of workers and will redound to a bigger purchasing power for working families. “It would like be having a wage increase”, TUCP said.

Senate Ways and Means Committee Chair Ralph Recto announced yesterday that the Senate is looking at offsetting the VAT with an income tax cut of at least 20%.

TUCP, however, reiterated its suggestion to exclude food and other essential items from the proposed 2% hike in the value-added tax.

TUCP also supports proposals to lift exemptions granted to professionals, particularly lawyers, doctors, and other sectors enjoying similar privileges.

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

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