Tax brackets should be adjusted to make (these) more sensitive to - TopicsExpress

Tax brackets should be adjusted to make (these) more sensitive to current salaries of Filipinos. Because at present, a person who makes P50,000 a month -- who is considered middle class -- is already in the top tax bracket and is also paying the same tax rate as the billionaires in our country. I have been paying taxes for two decades. Ive been middle-class all my life. A change in the tax code is long, long overdue. More to the point: Tax brackets should take into account the daily needs of taxpayers and enable their spending power to cover those needs.

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