Aquino proposes bill that allows taxpayers to choose which agency they want their taxes to go


Image by Bam Aquino via Office of Senator Bam Aquino offical website

Senator Paolo Benigno “Bam” Aquino IV pushes the approval of a bill that will allow taxpayers to give 5% of their taxes to any government agency they prefer, including the Commission on on Human Rights (CHR).

This came after the House of Representatives approved the controversial P1,000 budget of the Commission of Human Rights. The decision drew mixed reactions from the citizens and a lot of them posted their reactions online. Due to their frustration, several netizens have expressed their support to the CHR and said that they are willing to donate or give a portion of their income or tax, as per a GMA story.

Senator Bam decided to act upon this call and proposed Senate Bill No. 699 or the People’s Fund Bill, granting taxpayers freedom to decide which agencies they want their taxes to go.

Aquino was quoted by GMA News  as saying: “Galing sa pinaghirapan ng taumbayan ang ginagamit na pondo ng pamahalaan kaya nararapat lang natin silang konsultahin kung paano ito gagamitin.”  [The funds of the government come from the hard-earned money of the Filipinos so it is but fitting that they be consulted on how it will be used.]

If this bill will be approved, the Bureau of Internal Revenue will allow taxpayers to select beneficiaries upon filing their annual income tax returns. The bill will enable taxpayers to allocate 5% of their tax for any of the following: (1) an accredited charity or civil society organization; (2) a priority national or local government project; or (3) a legitimate political party.

Kapag ito’y naisabatas, may kapangyarihan na ang taxpayer na piliin kung saan pupunta ang porsyento ng perang ito. Ginagawa na ito sa ibang mga bansa at panahon nang gawin ito sa Pilipinas“, Aquino further added. [When this bills becomes law, the taxpayers will now have the power to choose where a percentage of his/her money goes. This is being done by several other countries and it’s time that we follow suit.]

Aquino is one of the several Senators who vowed to fight for the reversal of the P1,000 CHR budget, as noted by Kicker Daily News.

This article has been viewed 290 times. Article originally posted: September 14, 2017, 2:42 pm (UTC-0). Last update: September 14, 2017 at 2:42 pm (UTC-0).

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