Exemption plan gets labor push


A plan of presidential candidate Vice President Jejomar Binay to exempt from paying taxes those who are earning P30,000 and below has obtained support from the Federation of Free Workers (FFW).

Jose Matula, president of the FFW, which counts 250 unions as members, on Sunday said Binay’s plan was based on a suggestion made by the unions.

The FFW chief, also a veteran labor lawyer, added that he believes that the plan is “valid and true.”

The tax exemption for state and private firms’ workers who are earning P30,000 and below was a proposed law by Aquino administration allies in Congress but was not passed because of marching orders of President Benigno Aquino 3rd to forget it since it would impact on the credit standing of the government.

Matula said possible loss of around P30 billion once the tax is pursued could be solved if the government turned tough in putting an end to the P200-billion smuggling industry in the country.

Oil smuggling, for one, according to the FFW president, has been thriving for long in the Navotas Fish Port in Navotas City (Metro Manila) but, Matula claimed, local government and police officials have never acted on the issue with complete decisiveness.

Meanwhile, Matula disclosed that the FFW governing board has reaffirmed its strong support for Binay’s presidential run.



Please follow our commenting guidelines.

Comments are closed.