Only those workers earning the equivalent of 15 federal minimum wages, amounting to 1.77 million pesos per month ($5,057), will continue to be subject to income taxes, constituting a minority of the workforce
Interesting choice. I wonder how they’ll come up with money then to pay for the people working government jobs, to maintain current infrastructure, and so on.
Interesting choice. I wonder how they’ll come up with money then to pay for the people working government jobs, to maintain current infrastructure, and so on.
IMF loans.