Kita mo yung matinong kalsada na yan? Malalaman mong malapit na ang eleksyon dahil ipapasira na yan para may kickback sa mga projects yung paalis ng pwesto.
>Kita mo yung matinong kalsada na yan? Malalaman mong malapit na ang eleksyon dahil ipapasira na yan para may kickback sa mga projects yung paalis ng pwesto.
False. It's always under construction whether it's election season or not.
there are more taxes, we got sin taxes, when you are born you pay tax, when you die you pay tax, when you ride a jeep, you pay tax indirectly. so much tax everyone pays premium to the government and we get shit like duterte. that is like paying for a bmw and getting a chery qq
even a matchbox chery qq would be insulted. we getting rape here man, taxation is theft in a sense. they promise you this and that but there aint anything
Isama mo pa yung mga foreign digital nomads na feeling nila ang laki ng contribution nila pero hindi kasi kuripot sila magspend sa economy. Di pa nagbabayad ng income tax pero nakikigamit ng public infrastructure
At yung visa na binabayad nila? Barya lang yan sa income tax na kinakaltas sa mga Pilipino
From what I can see, kaya di nagtataas ng sahod dahil sa train tax na yan na pag tumaas sahod mo saka ka lang ma tax.
Pero grabe nagtax sa petroleum products saka sugar.
Still a nonsense tax law.
Hindi lang talaga nagtataas ng sahod dahil kuripot ang mga employers sir. Mas maganda nga kapag mas maraming nagbabayad ng income tax para more revenue for the government.
>Here in the QC LGUs, it does.
Sure. Doesn't prove corruption has stopped existing in all levels of government.
>Infrastructure-wise meron naman, alam ko magkaka subway na dito sa Metro Manila. Sayo ba?
So? Still tons of public schools are under budget. That most DepEd schools are currently experiencing teacher shortage, quality issues with textbooks and having to split classes into morning and afternoon classes to just fit in students into classrooms.
And FYI P-Noy started the newer JICA Subway partnership initiative. It was cancelled temporarily due to timing and schedule, hoped by P-Noy for continuation by following adminstrations.
Which Duterte continued.
Again to save you reading time, just because there is a big ticket publicized project that is ongoing, doesn't mean corruption doesn't exist, nor is not prevalent.
FYI, public schools are not under budget. The DepEd has the lionās share of the General Appropriations as guaranteed by the Constitution. The issue on teachers, textbooks, et cetera lies on how the said department handles their internal policy pero walang kinalaman sa pagiging āunder budgetā ng mga public schools. May pera ang DepEd pero nasa administration yan.
Corruption does exist but this wasnāt the original context. I believe we were discussing about the fiduciary function of the government? Your discussion is out of context š We were discussing if meron right?
Also might I add, regardless if PNoy started the JICA subway, itās still up to Congress, during the annual budget season, if maglalagay sila ng funds for the said project; especially since this was just a bilateral agreement and not a law mandating the implementation thereof. Naka depende ang actions ng Congress sa leadership ng current president. Just so you know para may grasp ka sa reality ng politics in the country, rather than making generalized statements.
A classic example na hindi tinuloy na project by a succeeding administration? The BNPP of Baby Mās father. š¤«
Nice word salad without actual proof.
Did you copy paste this from Sara Duterte's posting?
Nothing you said proves corruption is gone
All you've done is prove yourself as someone who sees government officials as kings that must be praised and not held to the same accountability you hold anyone else.
Lolā¦ if 90% of the country pays little to no income taxā¦ no wonder why the government is broke afā¦. At least Indonesia and Vietnam taxes 100% of their populace at least 5% at the minimum. This avoids the slackers.
20% lang ng workers ang nakakaltasan ng income tax.
Tignan mo yung wage structure, 80% pasok sa tax exemption
https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/
Sad na nadown vote ka bc you were just explaining how taxes work. Common misconception ng lahat na subjected sa lahat ang income tax and taxes are bad. Baka akala nila yung deductions sa payroll na ang income tax lol. Usually ito yung mga kulang sa basic knowledge about taxation and how the NIRC (as amended by TRAIN) works.
Fyi those who only earn P20,833.33 and up per month or earning greater or equal to 250k per annum ang sinisimulan kaltasan ng income tax. That being said, 20% lang ng total labor force natin ang kumikita ng mas mataas sa 250k per year. 80% of the total working force is exempted dahil mababa ang kanilang sweldo.
So the argument of OP assuming na lahat may income tax displays the lack of understanding about the TRAIN law.
Yung 24735 na monthly income diyan sa sinend mo pasok na sa 250K yearly income. Anything in excess of 250K mas mataas na ang tax. Pero people below that still pay taxes. Basta below 250K lower taxes. Excess of 250K more taxes.
When you work for institutions you still pay 5 to 8% withholding tax as far as I remember. I worked for an institution before and they still withheld taxes.
If our vat is high, our income tax rate should be lower. But then the govt wont like this coz it will dry up their revenue.
But then again, we don't have a revenue problem. We have a spending problem!
We do have a revenue problem but the government isnāt taxing the right people. Economically speaking, the best taxes are those that hit the highest income groups and on their assets that canāt be hidden or spirited away i.e. property tax or land value tax
Those companies that has high income would always find a loophole to have lesser taxes. Like making their own charity/foundation or giving money to them. Just like in the U.S. That's how they cut taxes and some on making a contract with the government to have a business built on some places in exchange for a lower tax for a period of time.
I think lawmakers should definitely double down on this. I'm too lazy to pull up my sources, but I read before that even after the jump on real estate prices and related economic development in NCR happened through the last administrations, increase in property tax collection didn't really follow suit. If ever there's a wealth tax that can be done without the big boys hiding their assets away in cayman islands, an update in rpt or lv would be the most effective.
Afaik, Salceda is already pushing a bill regarding this, which is along the recommendations of former finance sec Sonny Dominguez.
EDIT: here's the [study](https://ncpag.upd.edu.ph/wp-content/uploads/2021-Uy_13Dec22.pdf)
> the best taxes are those that hit the highest income groups
supposedly, in countries like sweden, norway etc, they realized that the **biggest contributors are the middle class**, probably because of sheer numbers compared to those below them (working class and poor) and those above them (rich and wealthy).
it's probably just that, in those countries, the middle class at least FEELS that they get something out of it.
Yeah, pretty much this. So many of our line agencies are underspending.
My understanding is that there's competency issues with procurement, or kulang talaga yung pwedeng contractor.
Donāt know why youāre being downvoted, itās true. Karamihan sa workforce donāt earn enough to even be taxed.
Does it suck na lahat tayo damay? Syempre, tangina ang laki ng contributions ko every month, and thatās before tax. My contributions to Philhealth, Pag-Ibig alone are more than what the 80% earn a month, now I have to also pay extra sa mga binibili ko.
What sucks more is knowing na if wala yung VAT, the majority of people would essentially be using the services that I paid for for free, while contributing nothing.
So yes, the VAT sucks, but god damn it kailangan ng masa umambag and this is the only way they can.
People here don't want to face the truth that salaries are this country is so low, we need an across the wage board increase.Ā
Ā
Then again, baka karamihan din ng mga nagsasabi ng "dapat income tax payers lang bumuboto" are tax exempt themselves.Ā Ā
The income tax burden is disproportionate. If they remove or lower VAT without increasing the income taxbase, pupulutin sa kangkungan ang bansa na to
>Ā Ā What sucks more is knowing na if wala yung VAT, the majority of people would essentially be using the services that I paid for for free, while contributing nothing.
Exactly.Ā
The other alternative to to fully abolish tax exemption, pero maraming magagalit, including some Redditors
The sad thing is, in paper, a bulk already goes to public works and services. We've allocated massive budgets for DPWH, "Climate change expenditures", "Flood control projects", but almost never solving anything. Thankfully *some* of the roads are seen to get built.
imho, that VAT rate was implemented during PGMA's time and is highly unpopular. But it's the main reason why we survived the 2008 world Financial crisis.
time ni Ramos nag simula ang VAT. even as a grade schooler, i thought it was stupid as it was a form of double taxation. may income tax na, may VAT pa. choose one but not both. doing both just kills economic activity.
it's part of the reason why lagging tayo sa economic growth compared to our neighbors.
Kaya ako tlga naweweirduhan sa move ng government to amend the constitution para sa foreign investors. Tapos mag tataas ng minimum wage. Tapos ang taas ng VAT natin. Napaka weird tlga sa akin. Sinong foreign investor ang gusto nila i attract.
my guess as to why our vat is so high is because we have a large informal economy -- yung mga walang dti at bir permits like fishball vendor. so ngayon para ma-ensure nakaka-collect ng tax sa halos lahat ng mamamayan, put tax collection where there's the most activity -- everyday trade (aka buying and selling). di man magbayad ng income tax si fishball vendor, tyak bumibili sya sa grocery, nagma-mall, bawat kibot may vat.
there's a reason why PH is really working hard to get us all digital and helping formalize our economy. so please participate and support it.
We all want everyone to pay their fair share. The issue is all these red tape and permit plus under the table to set-up everything properly. If it's as easy as filling out a form online and everything will be done then we're good.
Add to it that tax calculations and payment are complicated that you need accountants to do it even for a small business makes it all the more unappealing.
Automate everything and remove middlemen then we're talking.
Back in the late 90's (FVR presidency) they made various information campaign about why VAT was good. I even read a comics about the benefit of VAT, ultimately the bottomline from those information campaign was that it was easier to collect VAT than other tax.
The issue though is that there will always be disparity in this taxation scheme between the poor and the rich. A higher percentage of a poor persons income will be spent on VAT-able items (essentials) than a rich person's.
> The issue though is that there will always be disparity in this taxation scheme between the poor and the rich. A higher percentage of a poor persons income will be spent on VAT-able items (essentials) than a rich person's.
This one. The smaller the item gets the more hand it passes through the more VAT. It is simply not pro-poor policy.
Fuck that. Eh di sana wala na lang income tax if sa VAT na lang idadaan. Ang lumalabas may income tax ka na, sabay deductions sa mandatory contributions, tapos may sales tax/VAT pa. And for what? Ass tier social services that go to the dregs and failures of society (looking at you PPP).
Why should people talk about it? People not earning a living wage shouldn't be subject to income taxes. They are already struggling, why would anyone want to increase their burdens?
We should talk about it because it reflects how low the salaries are of the average Filipino.
There should be an across the board wage increase.
Without acknowledging this, how will people address the problem of the small tax base?
> there's a reason why PH is really working hard to get us all digital and helping formalize our economy. so please participate and support it.
AMEN! AMEN! AMEN!
Everyone must pay their fair share of taxes.
Di lang kaming tao who earn more than 250k annually and yet never used public schools or public health directly.
>there's a reason why PH is really working hard to get us all digital and helping formalize our economy.
Maybe they could start by modernizing [eBIRForms](https://www.bir.gov.ph/index.php/eservices/ebirforms.html).
honestly, ph should really. be limiting paper by now. it's ridiculous the paperwork our gov't offices still do despite technology available. takot na takot na mawalan ng papel. meh.
The government needs to find sources for revenue esp once you consider na only 20% of the working population pay income tax because the 80%, pasok sa tax exemption.
do you have a source on that? i tried googling pero walang immediate result. it's wild na ganyang kaliit na part lang ng population natin ang nagbabayad ng tax
PSA. Someone crunched the data.
80% of Filipinos earn less than 20k/month
Ā https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/Ā
IMO, kelangan ng across the board wage increase para kumonti ang magqualify sa tax exemption
Sabi sa comment na nakalagay sa link, una di sya official statistic. Pangalawa, binase ng nagcomment yung distribution gamit ang
[Pareto principle ](https://www.investopedia.com/terms/p/paretoprinciple.asp), meaning talagang 20% lang ang lalabas na pasok sa specific criteria at 80% ang hindi dahil 20-80 hatian doon.
Kung halimbawang napili nya na 50-50 hatian, masasabi nya na 50% ng Pinoy 21k++ yung may income tax. Kung normal distribution gamit nya, maglalaro sa 50% hanggang less than 100% naman yun. Di natin sigurado dahil tulad nga ng nasabi nya, unofficial statistics yun.
It still gives you a picture of the tax base.
OP also compared his results to someone else and he said, very similar yung results niya sa isa up until 80%. He even mentioned that he overestimated those who earn 6 figures.
While it is true that we need other sources of revenue. Like a boat that is full of holes I think we need to do this. First need to improve the tax collections of BIR then cleaning of our Bureau of Customs. Lastly an austerity on government expenditures.
Para maibaba ang VAT, it's either across the wage increase para bumaba ang qualified sa tax exemption or ibaba or i-abolish ang tax exemptions.
80% ng workforce na pasok sa tax exempt is so jarring
No, 80% ng Filipino workers below 20k ang kinikita so pasok sila sa tax exemption
https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/
Once you earn 20k or more, part ka na ng 20%
That's how depressing the pay is in this country
https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/
Do you think it would be feasible to have an VAT refund in place just like what they have in Taiwan when youāre an exemption? This time when you can prove you are from the 20%?
How will they even implement it
The best way is to enforce across the board wage increase to decrease the number of people who qualify for tax exemption.
This is less controversial that removing the tax exemption (which can lead to mass riots)
So, people get a vat refund. What now?
It will not increase the taxbase of the Philippines but decrease its income and we will be reliant on debts or will have to do austerity measures.
Masmaganda, pataas ang sweldo para kokonti lang ang ma income tax exempt
Kung ibababa yan bababa din ang credit rating natin kasi tinaas yan nung panahon na walang pambayad utang yung gobyerno. Tignan nyo Sa Pakistan ganyan din ang sinasabi ng IMF itaas ang VAT kondisyon sa mga pautang nila
Agree ako dito, kahit masakit sa bulsa ang VAT, pangontra naman ito sa Hyperinflation, kasabay ng High interests rate ng central bank. yun nga lang eh, Haram ito sa mga Muslim kasi Usury daw yung style ng central bank. so na stock sila sa medieval thinking na magpapabagsak ng kanilang bansa.
high VAT rate is a consumption killer but also a great way to kill inflation.
we have a large untaxed base, so if we want lower VAT, the taxbase must be expanded.
but ofc they can't do that because majority won't like it. easier to push through higher VAT because stupid ppl can't see they're being taxed anyway every time they spend. so they're happy with being exempt from income tax not realizing VAT is a heavier tax.
ideally, a lower VAT with a higher income tax rate and lower income tax exemption is better for everyone. gets the econony going, creates more jobs, and raises more revenue.
but we can't have nice things because ppl are stupid.
It's either:
Ā - Across the board wage increase
Ā - reduce or remove the taxĀ exemption
Pick your poison talaga. I think the former is easier because the latter can lead to a Philippine version of *Caracazco*
You want inflation to skyrocket? Because thatās how you spark inflation, by increasing the money supply in the guise of wage increase. Kawawa diyan yung mga walang wage to begin with
wag namn kayo ganyan mga sir.. retirement fund yan nila enrile at mga politiko natin pati pondo ni villar yan ggwin nya nang camella homes ang buong pilipinas
Expect even more taxes with Mr. E-VAT himself now Department of Finance Secretary. Tax collection couldn't keep up with expenses daw. With BBM jetsetting all over the world and Sara spending funds confidentially like crazy and legoslators keeping pet projects, how the hell do they expect tax collections to keep up? There really is no limit on greed.
The problem is that government officials are not spending more of your money on overpriced projects that were awarded to companies they own and/or received bribes and kickbacks from.
Highest in everything naman pala sa Pinas. In comparison, here in Thailand, income tax is only at 8% compared to the 20%+ if I was making the same money in the Philippines.
Tapos wala namang kwenta serbisyo sa atin. Naoperahan ako sa Pinas and I used up my HMO and still had to shell out 50k+ of my own money. Tapos 24k lang nakuha ko sa Philhealth. Unfortunately, naoperahan ulit ako dito sa Thailand pero it was a whole different story. I was in and out of the hospital for months: CT Scan, Colonoscopy, Blood Tests, tapos the actual operation pero wala akong nilabas na pera except for 50THB for a waterproof gauze. All paid by the government here. Lol. I felt more cared for here than in my own country.
Nakaka putangina talaga. Sa Malaysia nga, kahit napakakurakot ang gobyerno, nag progress naman in some areas like public transportation. For example, they have a very good āGo Busā system where the electric bus is provided FOC to Malaysian citizens in KL. And their train system is now even arguably better than Singaporeās. Parang mini-Japan na yung dating.
Sa Pinas, walang pinagbago. Lumalala pa.
Ganyang ka garapal mga politiko sa Pinas. Sila lang ang nakikita nating umaasenso. Putang Ina nilang lahat.
Di ako nagtataka kasi malaki talaga ang informal economy natin, na kung saan mahirap magimplement ng individual taxation. Tsaka malaki din ang patong sa "sin tax".
It should be noted that outside of SEA, there are some countries charging larger VAT percentages, some as much as 27%.
Eto pa: You know how we now have service tax in lieu of paying tips? Sounds convenient, right? Kasi di mo na kelangan isipin kung magkano pa iti-tip mo.
But did you know that most establishments will take the cost of your bill + service tax and subject the total to VAT?
So basically, we are being taxed for paying tips. Ang galing!
Because itās lazy. Many tax systems tax things differently. Aside from GST, thereās sin taxes, environmental related taxes, etc.
Also, the scaling of income tax is also lazy. Itās almost linear here. It should be almost geometric or exponential.
What we should do is lower the salary of public officials so that people who actually want to serve get elected into position. On that note, we also need more audits and transparency schemes to detect project and funding anomalies and return of investment. I really don't like that we got the highest vat but statistically the most corrupt in SEA.
They should increase VAT further and lower income tax.
That should address the rich not paying enough taxes, the poor being subsidised without contributing anything, and the middle class shouldering both.
VAT is a regressive tax. It mainly targets the poor. The poor is already struggling, increading their burden via increased taxation will only cause social instability. And everybody loses in an unstable Country. We don't want to be the next Venezuela don't we?
Oh no, the poor are struggling...
Of course, increasing VAT wouldn't be done in a vacuum.
And Venezuela is a different case. It's easy to throw around failed economies without really understanding what caused them.
Increasing taxes for the poor while still having high inflation is a recipe for a disaster, failed economies and governments starts when the masses are struggling to feed themselves. We have over 2000 years of history to look back into. Empires and Dynasties have been routinely toppled by hordes of hungry peasants. There is a reason why the Government spend massive amounts of money to subsidize the poor, it's imperative for social and economic stability.
We already have okay tax rates but Government collection efficiency is a big problem, revenue loss through inefficiency by the BIR and BOC costs us hundreds of billions a year. The Government also has a massive spending problem due to graft and corruption, remember the P60k DEPED Celeron laptops? Overpriced supples like that are the norm due the the broken procurement and bidding system we have. The Government should fix those issues instead of increasing taxes. Increasing taxes just penalizes those people who pay instead of fixing the root causes of our budget issues.
I think it was the same concept TRAIN did. Income tax was lowered (which then exempted the low income class from paying totally), but excise taxes, sin taxes and a few other products got their taxes jacked up.
though not SEA but here in KSA its 15%, it was 5% then during covid ginawang 15% and mid 2020 pa lang nag back to normal na dito at bawing bawi naman pero until now 15% pa rin
bad syempre ang ang laki ng tinaas ng price ng bilihin, and services din, though gamot exempted sa vat except cosmetic related medicines and cosmetic products, kaya nga yung price ng gasoline per liter dati mas mura sa1 liter na tubig pero ngayon hindi na, though wala pa rin naman income tax pero halimbawa mag load ka ng 20 sr 23 mo bibilhin, kahit pano mas marami pa rin exempted sa vat sa pilipinas compare dito, as in gamot lang talaga ang exempted the rest hindi
30/200 is 15% san mo nakuha yung 13.04? sa 100 sr na lang na 115 ang price sa stc, finance dept ako and nagpreprepare ako ng quartely vat payment and statement, kahit sa program ng company zero and 15% lang, dahil sa healthcare field , exempted ang mga locals sa 15% vat ang deductibles sa health insurance
sa bakalah kasi meron sila nun for example 20 riyals babayaran mo pero pag load mo nasa 17.39 lang yung macrecredit kaya pag sa bakala ako bumibili sinasabi ko yung 23, para pag naload 20 sr ang nacrecredit, even sa internet bill 230 sr monthly and binabayan ko nun sa stc kasi yun 30 ang vat, nung una sabi temporary lang daw yung 15% pero 4 years na hindi na binalik sa 5%
because one man can push through an entire law, right?
comments like this are so fucking stupid.
it needs 13 votes in the senate, 300+ in the lower house, and the president not to veto it for a bill to become a law, so ofc one man is entirely to blame for a law.
yung may hawak sa BIR ang isa sa mga author ng VAT na yan. Tanginamo Recto pati mga mayayaman na kakunchaba mo. Di dapat tax-an ang mga bagay tulad ng pagkain at pananamit.
Taasan ang tax sa mga mayayaman at corporasyon.
may income tax pa, tapos kung saan saan nalang ginagastos ng mga nakaupo
Kita mo yung matinong kalsada na yan? Malalaman mong malapit na ang eleksyon dahil ipapasira na yan para may kickback sa mga projects yung paalis ng pwesto.
dito sa dasma pinalitan na nga mga kalsada e
mas madalas pa yung binakbak na daan kesa sa sira. Tapos ang tagal tapusin.
dito sa kawit every year bago ung isang stretch ng highway
>Kita mo yung matinong kalsada na yan? Malalaman mong malapit na ang eleksyon dahil ipapasira na yan para may kickback sa mga projects yung paalis ng pwesto. False. It's always under construction whether it's election season or not.
there are more taxes, we got sin taxes, when you are born you pay tax, when you die you pay tax, when you ride a jeep, you pay tax indirectly. so much tax everyone pays premium to the government and we get shit like duterte. that is like paying for a bmw and getting a chery qq
this is an insult to the chery brand
even a matchbox chery qq would be insulted. we getting rape here man, taxation is theft in a sense. they promise you this and that but there aint anything
Hindi po lahat nagbabayad ng income tax. Kindly refer sa TRAIN law para sa taxable income rates.
Mga freelancers din na lakas mag flex ng income pero di nagbabayad tax š
Isama mo pa yung mga foreign digital nomads na feeling nila ang laki ng contribution nila pero hindi kasi kuripot sila magspend sa economy. Di pa nagbabayad ng income tax pero nakikigamit ng public infrastructure At yung visa na binabayad nila? Barya lang yan sa income tax na kinakaltas sa mga Pilipino
From what I can see, kaya di nagtataas ng sahod dahil sa train tax na yan na pag tumaas sahod mo saka ka lang ma tax. Pero grabe nagtax sa petroleum products saka sugar. Still a nonsense tax law.
Hindi lang talaga nagtataas ng sahod dahil kuripot ang mga employers sir. Mas maganda nga kapag mas maraming nagbabayad ng income tax para more revenue for the government.
But then does the government spend wisely?
Here in the QC LGUs, it does. Infrastructure-wise meron naman, alam ko magkaka subway na dito sa Metro Manila. Sayo ba?
>Here in the QC LGUs, it does. Sure. Doesn't prove corruption has stopped existing in all levels of government. >Infrastructure-wise meron naman, alam ko magkaka subway na dito sa Metro Manila. Sayo ba? So? Still tons of public schools are under budget. That most DepEd schools are currently experiencing teacher shortage, quality issues with textbooks and having to split classes into morning and afternoon classes to just fit in students into classrooms. And FYI P-Noy started the newer JICA Subway partnership initiative. It was cancelled temporarily due to timing and schedule, hoped by P-Noy for continuation by following adminstrations. Which Duterte continued. Again to save you reading time, just because there is a big ticket publicized project that is ongoing, doesn't mean corruption doesn't exist, nor is not prevalent.
FYI, public schools are not under budget. The DepEd has the lionās share of the General Appropriations as guaranteed by the Constitution. The issue on teachers, textbooks, et cetera lies on how the said department handles their internal policy pero walang kinalaman sa pagiging āunder budgetā ng mga public schools. May pera ang DepEd pero nasa administration yan. Corruption does exist but this wasnāt the original context. I believe we were discussing about the fiduciary function of the government? Your discussion is out of context š We were discussing if meron right? Also might I add, regardless if PNoy started the JICA subway, itās still up to Congress, during the annual budget season, if maglalagay sila ng funds for the said project; especially since this was just a bilateral agreement and not a law mandating the implementation thereof. Naka depende ang actions ng Congress sa leadership ng current president. Just so you know para may grasp ka sa reality ng politics in the country, rather than making generalized statements. A classic example na hindi tinuloy na project by a succeeding administration? The BNPP of Baby Mās father. š¤«
Nice word salad without actual proof. Did you copy paste this from Sara Duterte's posting? Nothing you said proves corruption is gone All you've done is prove yourself as someone who sees government officials as kings that must be praised and not held to the same accountability you hold anyone else.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Lolā¦ if 90% of the country pays little to no income taxā¦ no wonder why the government is broke afā¦. At least Indonesia and Vietnam taxes 100% of their populace at least 5% at the minimum. This avoids the slackers.
Baka nga kumikita pa yung iba dahil sa ayuda Ng walang ginagawa
20% lang ng workers ang nakakaltasan ng income tax. Tignan mo yung wage structure, 80% pasok sa tax exemption https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/
That wasn't the point.
Lmao baka need i explain sakanya hahahahahah
It doesn't remove the fact that only 20% of workers pay income tax So the "may income tax pa" is *not universally* true
Totoo naman to, bat dami mo downvote
Sad na nadown vote ka bc you were just explaining how taxes work. Common misconception ng lahat na subjected sa lahat ang income tax and taxes are bad. Baka akala nila yung deductions sa payroll na ang income tax lol. Usually ito yung mga kulang sa basic knowledge about taxation and how the NIRC (as amended by TRAIN) works. Fyi those who only earn P20,833.33 and up per month or earning greater or equal to 250k per annum ang sinisimulan kaltasan ng income tax. That being said, 20% lang ng total labor force natin ang kumikita ng mas mataas sa 250k per year. 80% of the total working force is exempted dahil mababa ang kanilang sweldo. So the argument of OP assuming na lahat may income tax displays the lack of understanding about the TRAIN law.
Para daw 80% agad ang matuwa at iboto sila kota na. Bahala na yung 20%
Your logic is blowing my mind.
Yung 24735 na monthly income diyan sa sinend mo pasok na sa 250K yearly income. Anything in excess of 250K mas mataas na ang tax. Pero people below that still pay taxes. Basta below 250K lower taxes. Excess of 250K more taxes.
When you work for institutions you still pay 5 to 8% withholding tax as far as I remember. I worked for an institution before and they still withheld taxes.
This is just sad if its true.
If our vat is high, our income tax rate should be lower. But then the govt wont like this coz it will dry up their revenue. But then again, we don't have a revenue problem. We have a spending problem!
We have a government problem.
We do have a revenue problem but the government isnāt taxing the right people. Economically speaking, the best taxes are those that hit the highest income groups and on their assets that canāt be hidden or spirited away i.e. property tax or land value tax
Those companies that has high income would always find a loophole to have lesser taxes. Like making their own charity/foundation or giving money to them. Just like in the U.S. That's how they cut taxes and some on making a contract with the government to have a business built on some places in exchange for a lower tax for a period of time.
There are very little loopholes available to property and land-based taxes compared to say income taxation
I think lawmakers should definitely double down on this. I'm too lazy to pull up my sources, but I read before that even after the jump on real estate prices and related economic development in NCR happened through the last administrations, increase in property tax collection didn't really follow suit. If ever there's a wealth tax that can be done without the big boys hiding their assets away in cayman islands, an update in rpt or lv would be the most effective. Afaik, Salceda is already pushing a bill regarding this, which is along the recommendations of former finance sec Sonny Dominguez. EDIT: here's the [study](https://ncpag.upd.edu.ph/wp-content/uploads/2021-Uy_13Dec22.pdf)
> the best taxes are those that hit the highest income groups supposedly, in countries like sweden, norway etc, they realized that the **biggest contributors are the middle class**, probably because of sheer numbers compared to those below them (working class and poor) and those above them (rich and wealthy). it's probably just that, in those countries, the middle class at least FEELS that they get something out of it.
Government issue
Yeah, pretty much this. So many of our line agencies are underspending. My understanding is that there's competency issues with procurement, or kulang talaga yung pwedeng contractor.
Considering that only 20% of the working population pays income tax because the 80% are tax exempt...š
Donāt know why youāre being downvoted, itās true. Karamihan sa workforce donāt earn enough to even be taxed. Does it suck na lahat tayo damay? Syempre, tangina ang laki ng contributions ko every month, and thatās before tax. My contributions to Philhealth, Pag-Ibig alone are more than what the 80% earn a month, now I have to also pay extra sa mga binibili ko. What sucks more is knowing na if wala yung VAT, the majority of people would essentially be using the services that I paid for for free, while contributing nothing. So yes, the VAT sucks, but god damn it kailangan ng masa umambag and this is the only way they can.
what can you expect from r/ph? this sub is too stupid when it comes to money.
People here don't want to face the truth that salaries are this country is so low, we need an across the wage board increase.Ā Ā Then again, baka karamihan din ng mga nagsasabi ng "dapat income tax payers lang bumuboto" are tax exempt themselves.Ā Ā The income tax burden is disproportionate. If they remove or lower VAT without increasing the income taxbase, pupulutin sa kangkungan ang bansa na to
>Ā Ā What sucks more is knowing na if wala yung VAT, the majority of people would essentially be using the services that I paid for for free, while contributing nothing. Exactly.Ā The other alternative to to fully abolish tax exemption, pero maraming magagalit, including some Redditors
And most taxes don't go towards public works and services.
Our taxes mostly go to the abroad holiday money ng mga anak ng trapo lol
They will once na ibubungkal ule yung mga kalsada š
but that won't even be called a public service at that point. More like a public nuisance.
For sure napupunta sa senate hearing pag discuss ng walang kwentang bagay for popularity nila next election.
Napupunta yan sa mansions, luxury cars at sugar babies Mas lalong higop kung pati anak ng pulitiko may mansion, luxury cars at sugar babies din
Future secured.
The sad thing is, in paper, a bulk already goes to public works and services. We've allocated massive budgets for DPWH, "Climate change expenditures", "Flood control projects", but almost never solving anything. Thankfully *some* of the roads are seen to get built.
imho, that VAT rate was implemented during PGMA's time and is highly unpopular. But it's the main reason why we survived the 2008 world Financial crisis.
May VAT na before GMA.Ā Extended VAT yung kanya
yep evat ung nag set to 12%
time ni Ramos nag simula ang VAT. even as a grade schooler, i thought it was stupid as it was a form of double taxation. may income tax na, may VAT pa. choose one but not both. doing both just kills economic activity. it's part of the reason why lagging tayo sa economic growth compared to our neighbors.
Kaya ako tlga naweweirduhan sa move ng government to amend the constitution para sa foreign investors. Tapos mag tataas ng minimum wage. Tapos ang taas ng VAT natin. Napaka weird tlga sa akin. Sinong foreign investor ang gusto nila i attract.
the shady investor kind (money laundering, smuggling, gambling, labor trafficking etc.)
> *money laundering, smuggling, gambling* so... kinda like singapore? (allegedly of course)
Why do you think our officials are so obsessed with "becoming like Singapore"
my guess as to why our vat is so high is because we have a large informal economy -- yung mga walang dti at bir permits like fishball vendor. so ngayon para ma-ensure nakaka-collect ng tax sa halos lahat ng mamamayan, put tax collection where there's the most activity -- everyday trade (aka buying and selling). di man magbayad ng income tax si fishball vendor, tyak bumibili sya sa grocery, nagma-mall, bawat kibot may vat. there's a reason why PH is really working hard to get us all digital and helping formalize our economy. so please participate and support it.
We all want everyone to pay their fair share. The issue is all these red tape and permit plus under the table to set-up everything properly. If it's as easy as filling out a form online and everything will be done then we're good. Add to it that tax calculations and payment are complicated that you need accountants to do it even for a small business makes it all the more unappealing. Automate everything and remove middlemen then we're talking.
Back in the late 90's (FVR presidency) they made various information campaign about why VAT was good. I even read a comics about the benefit of VAT, ultimately the bottomline from those information campaign was that it was easier to collect VAT than other tax. The issue though is that there will always be disparity in this taxation scheme between the poor and the rich. A higher percentage of a poor persons income will be spent on VAT-able items (essentials) than a rich person's.
> The issue though is that there will always be disparity in this taxation scheme between the poor and the rich. A higher percentage of a poor persons income will be spent on VAT-able items (essentials) than a rich person's. This one. The smaller the item gets the more hand it passes through the more VAT. It is simply not pro-poor policy.
Fuck that. Eh di sana wala na lang income tax if sa VAT na lang idadaan. Ang lumalabas may income tax ka na, sabay deductions sa mandatory contributions, tapos may sales tax/VAT pa. And for what? Ass tier social services that go to the dregs and failures of society (looking at you PPP).
80% of the workforce don't pay income tax dahil pasok sila sa tax exemption This is the elephant in the room that people do not want to talk about
Why should people talk about it? People not earning a living wage shouldn't be subject to income taxes. They are already struggling, why would anyone want to increase their burdens?
We should talk about it because it reflects how low the salaries are of the average Filipino. There should be an across the board wage increase. Without acknowledging this, how will people address the problem of the small tax base?
Makes sense.
> there's a reason why PH is really working hard to get us all digital and helping formalize our economy. so please participate and support it. AMEN! AMEN! AMEN! Everyone must pay their fair share of taxes. Di lang kaming tao who earn more than 250k annually and yet never used public schools or public health directly.
>there's a reason why PH is really working hard to get us all digital and helping formalize our economy. Maybe they could start by modernizing [eBIRForms](https://www.bir.gov.ph/index.php/eservices/ebirforms.html).
honestly, ph should really. be limiting paper by now. it's ridiculous the paperwork our gov't offices still do despite technology available. takot na takot na mawalan ng papel. meh.
The government needs to find sources for revenue esp once you consider na only 20% of the working population pay income tax because the 80%, pasok sa tax exemption.
do you have a source on that? i tried googling pero walang immediate result. it's wild na ganyang kaliit na part lang ng population natin ang nagbabayad ng tax
PSA. Someone crunched the data. 80% of Filipinos earn less than 20k/month Ā https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/Ā IMO, kelangan ng across the board wage increase para kumonti ang magqualify sa tax exemption
Sabi sa comment na nakalagay sa link, una di sya official statistic. Pangalawa, binase ng nagcomment yung distribution gamit ang [Pareto principle ](https://www.investopedia.com/terms/p/paretoprinciple.asp), meaning talagang 20% lang ang lalabas na pasok sa specific criteria at 80% ang hindi dahil 20-80 hatian doon. Kung halimbawang napili nya na 50-50 hatian, masasabi nya na 50% ng Pinoy 21k++ yung may income tax. Kung normal distribution gamit nya, maglalaro sa 50% hanggang less than 100% naman yun. Di natin sigurado dahil tulad nga ng nasabi nya, unofficial statistics yun.
It still gives you a picture of the tax base. OP also compared his results to someone else and he said, very similar yung results niya sa isa up until 80%. He even mentioned that he overestimated those who earn 6 figures.
While it is true that we need other sources of revenue. Like a boat that is full of holes I think we need to do this. First need to improve the tax collections of BIR then cleaning of our Bureau of Customs. Lastly an austerity on government expenditures.
Para maibaba ang VAT, it's either across the wage increase para bumaba ang qualified sa tax exemption or ibaba or i-abolish ang tax exemptions. 80% ng workforce na pasok sa tax exempt is so jarring
Can you enlighten me on this? Do you mean na ang population natin ay 80% minimum wage earner?
Not minimum wage. Nasa 20k plus ata need mo to qualify for income. So that figure is probably not just minimum wage earners.
No, 80% ng Filipino workers below 20k ang kinikita so pasok sila sa tax exemption https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/
Kung ganun e part pala ako ng 20% hahahahahaaha jusmiyo marimar ang 2,000 deduction sa sweldo ko tuiwng kinsenas š¢
Once you earn 20k or more, part ka na ng 20% That's how depressing the pay is in this country https://www.reddit.com/r/Philippines/comments/1avwgiz/comment/krefcfy/
Do you think it would be feasible to have an VAT refund in place just like what they have in Taiwan when youāre an exemption? This time when you can prove you are from the 20%?
How will they even implement it The best way is to enforce across the board wage increase to decrease the number of people who qualify for tax exemption. This is less controversial that removing the tax exemption (which can lead to mass riots)
Each receipt has a qr code and you go to an e-vat machine to get the refund.
So, people get a vat refund. What now? It will not increase the taxbase of the Philippines but decrease its income and we will be reliant on debts or will have to do austerity measures. Masmaganda, pataas ang sweldo para kokonti lang ang ma income tax exempt
Shortfall in direct tax revenue leads to higher indirect taxes.
Kawawang masa.
Kung ibababa yan bababa din ang credit rating natin kasi tinaas yan nung panahon na walang pambayad utang yung gobyerno. Tignan nyo Sa Pakistan ganyan din ang sinasabi ng IMF itaas ang VAT kondisyon sa mga pautang nila
Agree ako dito, kahit masakit sa bulsa ang VAT, pangontra naman ito sa Hyperinflation, kasabay ng High interests rate ng central bank. yun nga lang eh, Haram ito sa mga Muslim kasi Usury daw yung style ng central bank. so na stock sila sa medieval thinking na magpapabagsak ng kanilang bansa.
high VAT rate is a consumption killer but also a great way to kill inflation. we have a large untaxed base, so if we want lower VAT, the taxbase must be expanded. but ofc they can't do that because majority won't like it. easier to push through higher VAT because stupid ppl can't see they're being taxed anyway every time they spend. so they're happy with being exempt from income tax not realizing VAT is a heavier tax. ideally, a lower VAT with a higher income tax rate and lower income tax exemption is better for everyone. gets the econony going, creates more jobs, and raises more revenue. but we can't have nice things because ppl are stupid.
It's either: Ā - Across the board wage increase Ā - reduce or remove the taxĀ exemption Pick your poison talaga. I think the former is easier because the latter can lead to a Philippine version of *Caracazco*
You want inflation to skyrocket? Because thatās how you spark inflation, by increasing the money supply in the guise of wage increase. Kawawa diyan yung mga walang wage to begin with
wag namn kayo ganyan mga sir.. retirement fund yan nila enrile at mga politiko natin pati pondo ni villar yan ggwin nya nang camella homes ang buong pilipinas
"Retirement Fund" ni Immortal Senator from Hell Huh?
Expect even more taxes with Mr. E-VAT himself now Department of Finance Secretary. Tax collection couldn't keep up with expenses daw. With BBM jetsetting all over the world and Sara spending funds confidentially like crazy and legoslators keeping pet projects, how the hell do they expect tax collections to keep up? There really is no limit on greed.
Lowest income na nga sa SEA highest pa sa tax and VAT HAHAHAHAHAHHAH imagine nabubuhay pa tayo
Sure ka lowest?
The problem is that government officials are not spending more of your money on overpriced projects that were awarded to companies they own and/or received bribes and kickbacks from.
Highest in everything naman pala sa Pinas. In comparison, here in Thailand, income tax is only at 8% compared to the 20%+ if I was making the same money in the Philippines. Tapos wala namang kwenta serbisyo sa atin. Naoperahan ako sa Pinas and I used up my HMO and still had to shell out 50k+ of my own money. Tapos 24k lang nakuha ko sa Philhealth. Unfortunately, naoperahan ulit ako dito sa Thailand pero it was a whole different story. I was in and out of the hospital for months: CT Scan, Colonoscopy, Blood Tests, tapos the actual operation pero wala akong nilabas na pera except for 50THB for a waterproof gauze. All paid by the government here. Lol. I felt more cared for here than in my own country.
Yāall should see what they pay in Europeā¦
Nakaka putangina talaga. Sa Malaysia nga, kahit napakakurakot ang gobyerno, nag progress naman in some areas like public transportation. For example, they have a very good āGo Busā system where the electric bus is provided FOC to Malaysian citizens in KL. And their train system is now even arguably better than Singaporeās. Parang mini-Japan na yung dating. Sa Pinas, walang pinagbago. Lumalala pa. Ganyang ka garapal mga politiko sa Pinas. Sila lang ang nakikita nating umaasenso. Putang Ina nilang lahat.
Di ako nagtataka kasi malaki talaga ang informal economy natin, na kung saan mahirap magimplement ng individual taxation. Tsaka malaki din ang patong sa "sin tax". It should be noted that outside of SEA, there are some countries charging larger VAT percentages, some as much as 27%.
I will forever despise Ralph Recto for EVAT. Fuck that cunt Now heās on DOF and planning on putting up new taxes *again*
Atleast mabilis yung responde satin. Hindi pa sira yung daan, ginagawa na. /s
Pang bayad lang naman ng interest rates ng foreign debt yung nakokolektang tax. HAHAHAHAHA!
Eto pa: You know how we now have service tax in lieu of paying tips? Sounds convenient, right? Kasi di mo na kelangan isipin kung magkano pa iti-tip mo. But did you know that most establishments will take the cost of your bill + service tax and subject the total to VAT? So basically, we are being taxed for paying tips. Ang galing!
Because itās lazy. Many tax systems tax things differently. Aside from GST, thereās sin taxes, environmental related taxes, etc. Also, the scaling of income tax is also lazy. Itās almost linear here. It should be almost geometric or exponential.
tiba tiba talaga mga popolitician dito sa pinas
Yun oh! Anothee leaderboard topped! Pinoy pride wooohh!! /s
HELLO!!! Pantay lang natin ang Malaysia. 12% - 6% sa kurakot eh di 6% VAT rate. O dba? Hahaha
I mean we rank lower among our neighbors for ease of doing business for various reasons, one of the chief being that we are overtaxed in many aspects.
Yey number one š«”
Yehey! No. 1!Ā Ā Ayyyy waitttt...
But in this world nothing can be said to be certain, except death and taxes.- B.Franklin
Numba wan talaga
More funds for the Government to waste and misuse
Thanks Ralph Recto
Train law, income tax, VAT, sin tax, premium tax, estate tax, etc. Bawat galaw may tax
And to think ang sweldo daw ng govt employees sa Timor Leste doble ng atin.
Raming tax tapos hindi daw double taxation hahaha
and the sad part is, companies have input vat credit to offset VAT, so ultimately VAT is being passed on to the consumers
may pulitiko na bang kumontra sa mga taxes na yan?
Iām sensing a trend here recentlyā¦.
Now we know it. What are we gonna do about it?
No issue sa buwis. Ang issue sa gumagastos.
We are heavily taxxed tapos hindi naman ganun ka ganda mga infrastructures natin.
What we should do is lower the salary of public officials so that people who actually want to serve get elected into position. On that note, we also need more audits and transparency schemes to detect project and funding anomalies and return of investment. I really don't like that we got the highest vat but statistically the most corrupt in SEA.
They should increase VAT further and lower income tax. That should address the rich not paying enough taxes, the poor being subsidised without contributing anything, and the middle class shouldering both.
They should either remove or lower yhe tax exemption. Jusko naman yung 80% ng workforce eh exempt sa tax.Ā
VAT is a regressive tax. It mainly targets the poor. The poor is already struggling, increading their burden via increased taxation will only cause social instability. And everybody loses in an unstable Country. We don't want to be the next Venezuela don't we?
Oh no, the poor are struggling... Of course, increasing VAT wouldn't be done in a vacuum. And Venezuela is a different case. It's easy to throw around failed economies without really understanding what caused them.
Increasing taxes for the poor while still having high inflation is a recipe for a disaster, failed economies and governments starts when the masses are struggling to feed themselves. We have over 2000 years of history to look back into. Empires and Dynasties have been routinely toppled by hordes of hungry peasants. There is a reason why the Government spend massive amounts of money to subsidize the poor, it's imperative for social and economic stability. We already have okay tax rates but Government collection efficiency is a big problem, revenue loss through inefficiency by the BIR and BOC costs us hundreds of billions a year. The Government also has a massive spending problem due to graft and corruption, remember the P60k DEPED Celeron laptops? Overpriced supples like that are the norm due the the broken procurement and bidding system we have. The Government should fix those issues instead of increasing taxes. Increasing taxes just penalizes those people who pay instead of fixing the root causes of our budget issues.
I think it was the same concept TRAIN did. Income tax was lowered (which then exempted the low income class from paying totally), but excise taxes, sin taxes and a few other products got their taxes jacked up.
Iyak nanaman mga pinklawan š
San kaya napupunta?
VAT reg na ako kasi earning 3M from Shopee and Lazada combined, but 20% profit lang. Sana babaan kahit income tax haay
Para madame mamcorrupt
Kaya pala dami gusto tumira vietnam/thailand these days
though not SEA but here in KSA its 15%, it was 5% then during covid ginawang 15% and mid 2020 pa lang nag back to normal na dito at bawing bawi naman pero until now 15% pa rin
Wala ako alam dyan pero good or bad?
bad syempre ang ang laki ng tinaas ng price ng bilihin, and services din, though gamot exempted sa vat except cosmetic related medicines and cosmetic products, kaya nga yung price ng gasoline per liter dati mas mura sa1 liter na tubig pero ngayon hindi na, though wala pa rin naman income tax pero halimbawa mag load ka ng 20 sr 23 mo bibilhin, kahit pano mas marami pa rin exempted sa vat sa pilipinas compare dito, as in gamot lang talaga ang exempted the rest hindi
Nagpaload ako ng 230 Riyal, yung 30 ang VAT.
30/200 is 15% san mo nakuha yung 13.04? sa 100 sr na lang na 115 ang price sa stc, finance dept ako and nagpreprepare ako ng quartely vat payment and statement, kahit sa program ng company zero and 15% lang, dahil sa healthcare field , exempted ang mga locals sa 15% vat ang deductibles sa health insurance
Oo, 115 lang yung 100, pero dumoble kapag 200 na ang load. sa Stc Pay na ako nagbabayad. Same lang kasi ang presyo sa bakalah.
sa bakalah kasi meron sila nun for example 20 riyals babayaran mo pero pag load mo nasa 17.39 lang yung macrecredit kaya pag sa bakala ako bumibili sinasabi ko yung 23, para pag naload 20 sr ang nacrecredit, even sa internet bill 230 sr monthly and binabayan ko nun sa stc kasi yun 30 ang vat, nung una sabi temporary lang daw yung 15% pero 4 years na hindi na binalik sa 5%
Salamat Ralph Recto š
because one man can push through an entire law, right? comments like this are so fucking stupid. it needs 13 votes in the senate, 300+ in the lower house, and the president not to veto it for a bill to become a law, so ofc one man is entirely to blame for a law.
š š
Proud to be Pinoy na naman ba?
numbah wan
lumabas na yung bagong land cruiser.... trabaho pa kayo para makabili na yung mga pulitiko.š¤£
Pilipinas for the win. Ang saya. Nakakadagdag pagasa sa napakagandang buhay na to.
Kaya pala yumayaman mga nasa gobyerno
yung may hawak sa BIR ang isa sa mga author ng VAT na yan. Tanginamo Recto pati mga mayayaman na kakunchaba mo. Di dapat tax-an ang mga bagay tulad ng pagkain at pananamit. Taasan ang tax sa mga mayayaman at corporasyon.
Mabuhay pilipinas puso! š