this post was submitted on 01 Oct 2023
79 points (95.4% liked)

World News

32219 readers
389 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] davel@lemmy.ml 35 points 1 year ago

The wealthy will still have to pay:

Only those workers earning the equivalent of 15 federal minimum wages, amounting to 1.77 million pesos per month ($5,057), will continue to be subject to income taxes, constituting a minority of the workforce.