MANILA, Philippines — Filipinos can consider the grant of income tax relief and scrapping of electricity system loss charges as early Christmas gifts from President Ferdinand Marcos Jr., Rep. Romero Quimbo said in a news conference on Tuesday. Quimbo, chairman of the House ways and means committee, said the tax relief in the form of an increase in the amount of tax-exempt annual income from P250,000 to P350,000 would benefit workers, including those from the middle class. “We can see that, this early, the president is already taking steps to increase their take-home pay, including electricity consumers,” Quimbo said in […]...Keep on reading: Tax relief, system loss scrapping Marcos’ early Christmas gifts – R. Quimbo