Palace mum on wage hike, studying tax break proposal | Inquirer News

Palace mum on wage hike, studying tax break proposal

/ 05:05 PM April 30, 2014

FILE PHOTO

MANILA, Philippines—Malacañang would not say if it will announce a minimum wage increase in time for Labor Day on Thursday.

Asked if President Benigno Aquino III will be giving any good news, presidential spokesperson Edwin Lacierda said, “I think yesterday (Tuesday) the President was able to share his views with the labor sector.”

Article continues after this advertisement

Lacierda, in a press conference on Wednesday, said the President has already met with labor leaders and discussed their concerns and what could be done to address the problems.

FEATURED STORIES

“There has been, by the way, as mentioned by the President, a total of 26 dialogues with various Cabinet members, which were held with labor groups last year,” he said.

Tax breaks

Article continues after this advertisement

Aquino on Wednesday met with labor leaders who complained about low wages, high power rates and their request to receive tax breaks for salary increase from Collective Bargaining Agreement (CBA).

Article continues after this advertisement

The President admitted that they will have to study the possibility of giving tax breaks without violating the constitutional provision on uniform taxation.

Article continues after this advertisement

Lacierda assured the public that the Bureau of Internal Revenue and the Department of Labor and Employment are looking into the matter.

“That’s the reason why President Aquino ordered or instructed Secretary Baldoz and Commissioner Henares to sit down and study this thing further because, again, you have also the issue of the uniformity of taxation. We want to make sure that whatever we do should be uniform and should not unfairly prejudice any one sector,” he said.

Article continues after this advertisement

RELATED STORIES

West Visayas workers get P10 daily wage hike

Wage hike freeze in Western Visayas hit

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Labor, Labor Day, May 1, News, wage hike

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.