MGA SENIOR EXEMPTED NA SA INCOME TAX – TOBY

NAGHAIN ng panukalang batas ang kinatawan ng Navotas City na si Cong. Toby Tiangco na nagbibigay ng income tax exemption para sa lahat ng senior citizen.

“Majority of Filipino senior citizens do not have financial security. The pension and benefits they receive upon retirement are not enough to sustain their basic needs. Some even do not have a retirement plan at all,” ani Tiangco.

Ang umiiral na Republic Act No. 9994 ay nagsasaad ng income tax exemption para lamang sa mga senior citizen na itinuturing na minimum wage earners.

Samantala, ang panukalang House Bill No. 6891 ay naglalayong palawakin ang saklaw ng income tax exemption sa lahat ng senior citizens anuman ang income bracket.

“Through this measure, we seek to provide a way to somehow ease the burden of our elderly and help them cover their current and future expenses,” dagdag niya.

Ayon sa isang pag-aaral, mahigit 800,000 Pilipino na may edad 60 pataas ang nabubuhay sa ilalim ng poverty threshold na 71 pesos kada araw.

“We want to help improve the quality of life of our seniors. This, in effect, could maximize their contribution to nation building,” sabi pa ni Tiangco.