“These are the real face of martial law.”
Day: December 20, 2017
The overwhelming majority of Filipinos do not get any income tax benefits from TRAIN. Most of the country’s total 22.7 million families do not pay income tax because they are just minimum wage earners or otherwise in informal work with low and erratic incomes. Even if TRAIN reduces income taxes paid by most of the reported 7.5 million personal income taxpayers, this still leaves as much as 15.2 million families without any income tax gains.