Labor group backs VP’s tax proposal

A plan of Vice President Jejomar Binay to exempt workers who receive a monthly salary of P30,000 and below from paying withholding taxes once he becomes the President of the Philippines has drawn strong support from a labor federation composed of 250 unions nationwide.

Jose Sonny Matula, president of the Federation of Free Workers (FFW), on Sunday told The Manila Times that Binay’s plan would be a “good start of tax reform for the next administration [since it means] shifting the tax burden from workers to the capitalists and business.”