Senator Juan Edgardo Angara on the Proposed Increase of Tax Exemptionfrom P30,000 to P82,000
A photo of Sen. Angara grabbed from google.com This is the transcript of Senator Angara’s interview on the proposed increase of tax exemption from P30,000 to P82,000. Credit goes to the Senate of the Philippines which published this on its website senate.gov.ph on November 21, 2014. QUESTION: Sir na-pass na po sa second reading yung pag-raise ng tax exemption. Who and how many will benefit? Sen. Juan Edgardo Angara: Well, yung magbe-benefit dito siyempre yung medyo malaki yung bonus kasi in-increase natin from P30,000 to P82,000. Ang computation namin anywhere from 250,000 to maybe 480,000 taxpayers or members of the working class. QUESTION: Sir mahahabol po pa ba ito for this year? SJEA: Well, definitely sa Senate palagay ko kayang ihabol na maipasa this year but alam naman natin yung proseso ng pagbalangkas ng isang batas ay maraming dinadaanan. After third reading ng Senado dadaan pa ng bicameral conference yan tapos pupunta pa sa Malakanyang para sa pi...