Labor groups pitch inflation busters: tax relief, wage hikes | Samuel P. Medenilla

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Labor groups pitch inflation busters: tax relief, wage hikes | Samuel P. Medenilla
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A labor group has called on the government to provide tax relief to workers amid the protracted high cost of living.

A LABOR group has called on the government to provide tax relief to workers amid the protracted high cost of living.

It pointed out that the lost revenue from VAT can be replaced by their proposed “wealth tax on oligarchs and billionaires.” “These will protect and improve the wages and incomes of workers in the formal and informal economy,” Magtubo said. He noted that based on their computation, as much as P88 has been eroded from the “real” value of minimum wage rate for the non-agriculture sector in Metro Manila due to high inflation.

TUCP Vice President Luis Corral slammed Energy Regulatory Commission ) and the Department of Energy for their failure in addressing the high power rates.

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