Bill seeking lifetime tax exemption for Pacquiao may be unjustified

MANILA, Dec. 6 (PNA) — A proposed law seeking to grant a lifetime income tax exemption to Filipino boxing hero and Sarangani Rep. Emmanuel “Manny” Pacquiao may be unjustified, Malacañang said Friday.

Presidential Communications Operations Office head Herminio Coloma Jr. said it is the basic obligation of every Filipino to pay taxes properly.

“Tungkulin ng bawa’t mamamayan magbayad ng tamang buwis. Paying taxes is one of the basic obligations of Filipinos,” Coloma said at a media briefing.

He added Filipinos are assessed taxes according to their capacity to pay.

Similarly, he said exemptions from paying will also depend on several factors, based on the citizen’s capacity to pay taxes.

But he stressed the bottom line is that citizens should support the government by paying the proper taxes at the proper time.

“Mahalagang tungkulin ng mamamayan suportahan ang pamahalaan sa pamamagitan ng pagbayad ng tamang buwis sa tamang oras (It is important that citizens support the government by paying the right taxes at the right time),” he said. (PNA)