MANILA, Philippines — President Duterte might veto some provisions in the 2018 national budget and the tax reform act. Diokno declined to specify which provisions in the GAA and TRAIN law were recommended for line item veto. “The Constitution says that in the case of budget, tax and tariff, the President can exercise his right for line item veto,” he added. The TRAIN law, on the other hand, increases the tax-free income of taxpayers to P250,000 a year, or P20,833 a month. “Even if they are saying that they will remove the income tax of more workers, they are just a handful.
Source: Philippine Star December 20, 2017 16:53 UTC