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Monday, November 25, 2024

SC order will keep salary tax high

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.

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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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