Arroyo signs law on tax exemption for minimum wage earners

Jun 17, 2008 I life.
(1 votes, average: 5 out of 5)
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So is this what most Filipinos have been waiting for? Maybe. Maybe not. It feels good to have tax deductions finally get lessen so we can take in more from our salary. And of course I expect my net receivables to increase. I do hope they’re that much what I’ll be expecting. I’m pretty dang sure foodshop owners are happy about this development because people still eat no matter what, and with the added savings from tax exemptions, people are going to eat more haha, kidding. I hope this will ease up everyone including those who earn the minimum wage. And I hope that this law will have lasting effect because we may never know what will happen in the future. If something goes wrong, who will be most affected? Those who are above minimum for sure. The law will take effect 15 days after publication of the news.

To read more about the news, click here.

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3 responses so far, say something?

  1. treen Says:

    thanks for visiting me.

  2. Ester's Daily Thoughts Says:

    This so good to here for my fellow pinoy, at least she is doing something nice … But I still dont like her
    Ester’s Money Journal

  3. wuhtevah Says:

    haha, who does?!

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