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.
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
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!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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