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.

September 18 –
International Equal Pay Day

“Increase wages now,
more than other cost items.
For widespread, practical equality!”

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) 
of Myanmar.  Reject Military!

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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

October –

   

Monthly Observances:

Industry and Commerce Safety Month 

National Statistics Month 

Local Government Month 

Consumer Welfare Month 

Cooperative Month

National Quality and Productivity Improvement Month 

National Health and Wellness Tourism Month
National Indigenous Peoples Month

 

Weekly Observances:

Week 1: Elderly Filipino Week 

Week 2: National Health Education Week 

Local Government Week 

National Mental Health Week 

October 17-23:

National Week for Overcoming Extreme Poverty 

October 18 – 24:

United Nations Week 

Last Week:

Nurses’ Week 

Consumers’ Protection Week 

Week of the 4th Sunday:

Barrio Farmers’ Week

 

Daily Observances:

First Monday (Oct 4): Universal Children’s Day i
n the Philippines 

Oct 5: National Teachers’ Day 

Oct 10: Local Government Day 

Third Thursday (Oct 14): Conflict Resolution Day 

Oct 21: Tenants’ Emancipation day 

Oct 24: United Nations Day 

Oct 29: National Indigenous People’s Thanksgiving Day

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