I would like to thank former Senator Edgardo Angara for articulating in his column what we Filipino businessmen, entrepreneurs, executives, working class, have been suffering from:
An Unfair and Uncompetitive Tax Scheme in the Philippines
Highest tax rate for individual and corporate income taxes
Welcome increase of bonus exemption cap from P30,000 to P82,000
Our tax rates are very oppressive. Please read his article.
