Lower the income tax rate now (Business Mirror (Philippines)) | Lao Tribune

Lower the income tax rate now (Business Mirror (Philippines))

TWO thousand five hundred years ago, legendary Chinese philosopher and all-around smart guy Lao Tzu wrote, The people are hungry: It is because those in authority eat up too much in taxes. In 2015 the Philippine government says that reducing income taxes would lead to less money for the government with which to invest in theā€¦