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Saturday, April 20, 2024

SC order will keep salary tax high

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FINANCE Secretary Carlos Dominguez III said many people will be affected if the Makabayan bloc in the House of Representatives succeeds in securing a temporary restraining order from the Supreme Court stopping the implementation of the first package of the Comprehensive Tax Reform Program.

In a 34-page petition, lawmakers led by Rep. Carlos Zarate said the Tax Reform for Acceleration and Inclusion law should be considered void because the House approved it without a quorum as required in the Constitution.

“… Well, if they get a TRO, then you guys will not benefit from the tax reduction in your salary. All of us will not benefit,” Dominguez told reporters in a briefing.

But he welcomed the move of the lawmakers, saying “everybody is entitled to file a weak or strong case… That is democracy,” Dominguez said. 

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