Jul 202015
As the 2015 State of the Nation Address (SONA) of President Benigno S. C. Aquino III draws near, a clamor for the passage of laws lowering individual income tax rates before the end of his term has started to resurface.
Although many believe that measures to bring down the tax rate or amend tax brackets are long overdue, is the last year of the presidential term the right time to tackle the issue?