Philippines
Mark Villar Wants ₱360,000 Income Tax-Free — But the Biggest Question Is What Government Must Give Up in Return
MANILA, Philippines — Millions of Filipino workers could eventually keep more of their salaries instead of surrendering part of their income to taxes, as Senator Mark Villar intensifies his push to raise the country’s personal income tax exemption threshold amid slowing household spending and persistent pressure on family budgets. But while the proposal promises more money in workers’ pockets, one question is emerging at the center of the debate: How much revenue can the government afford to gi
