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by John Biers Agence France Presse NEW YORK, United States (AFP) — US and European stocks won modest gains Thursday, while the dollar pulled back with some analysts pointing to ebbing optimism about Washington’s ability to enact a tax cut. Wall Street scored significant gains Wednesday after the outline of President Donald Trump’s long-awaited tax cut was finally released. The proposal would cut the corporate tax rate from 35 percent to 20 percent as part […]
Eagle News – The Department of Finance (DOF) will conduct a public forum next month in connection with the proposed tax reform package of the Duterte Administration. According to the DOF, they expect 300 participants to participate in the said forum, to be held on July 5 at the EDSA Shangri-la Hotel. Finance Secretary Carlos Dominguez is expected to open the event. This will also be attended by representatives from various departments and government agencies. https://youtu.be/LxeZtdvMPIo
WASHINGTON, United States (AFP) — President Donald Trump will use a maiden prime-time speech to Congress to flesh out his policy agenda Tuesday, promising tougher immigration enforcement and “historic tax reform.” “By finally enforcing our immigration laws, we will raise wages, help the unemployed, save billions of dollars and make our communities safer for everyone,” he is expected to say, according to excerpts released by the White House. “Our economic team is developing historic tax […]
(Eagle News) — Napapanahon na raw para magkaroon ng tax reform sa bansa. Ayon kay Albay Rep. Joey Salceda, masyado nang mataas ang binabayarang buwis ng mga ordinaryong mangagawang Pilipino. Sa Asya aniya ang Pilipinas ang may pinakamataas na buwis na ipinapataw sa mga empleyado. Si Salceda ang may-akda at naghain sa House Bill 4688 o Tax Reform for Acceleration and Inclusion (TRAIN). Nakasaad sa nasabing panukalang batas na ibaba ang personal income tax ng […]
QUEZON City, Philippines – Research group Ibon Foundation protested the proposed tax reform program of the Department of Finance (DOF), saying that it overburdens the poor. The group emphasized that only the rich will benefit from the proposed tax reform because the Department of Finance plans to offset the taxes of the rich minority and pass them to the majority of poor Filipinos. https://youtu.be/wctp42BBpTU
