WATCH OUT FOR "BUWIS SERYE!"

To realize the impact of unadjusted tax brackets for the last 19 years, Tax for Every Juan will run a "Buwis Serye" starting tomorrow, November 3, 2015, to highlight the amount of taxes "over-collected" from taxpayers through the years.  

The start of "Buwis Serye" will coincide with the opening of Congress, coming from its recess. 

For this series, REAL stories of salaried workers (although with fictitious names for confidentiality purposes) will be featured. The series will share their present work and family circumstances,  the amount taxes they pay under the current system, and the amount of taxes over-collected from them because of the Government's failure adjust the tax brackets with inflation. 

This series aims to show actual victims of "Bracket Creep" and, hopefully, this can help seek justice for them.  Our hope is for the Government come to see people for who they are and not merely as taxpayer statistics in the current tax collection system. 

With this, Tax for Every Juan joins the call for President Aquino and legislators to immediately act on pending tax reform proposals in Congress, particularly the indexation of tax brackets to inflation. 

This tax reform measure clearly does NOT require any further study. It simply requires our Government to give back to taxpayers what it has unduly collected from them by way of higher taxes through inflation for the past 19 years. 

Regardless of the estimated loss of revenues from this proposal, this measure should NOT also bear any cost on the part of Government. This is because taxpayers have borne for the longest time the burden of higher taxes and, consequently, lower take-home pay.

NOW is the time to give back to taxpayers what rightfully belongs to them. Ngayon ang #TamangPanahon para sa Tax Reform.

So, to the President and our Legislators -- Time to #PassTaxReformNow! 

P.S. - If you would like to have your story featured in the "Buwis Serye," 

please send a pm through our Facebook page 

https://www.facebook.com/taxforeveryjuan 

or post a message in this blog post. 

We'll get in touch with you for the details. Thank you.