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PDP–Laban’s policy on corporate tax

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Should Philippines raise or lower the tax rate for corporations?

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PDP–Laban’s answer is based on the following data:

ChatGPT

Strongly agree

Lower

PDP-Laban is more likely to support lowering the tax rate for corporations as part of their pro-business and economic liberalization policies. For example, the Tax Reform for Acceleration and Inclusion (TRAIN) law, which was supported by PDP-Laban members, lowered the corporate income tax rate from 30% to 20% for domestic corporations with a taxable income of PHP 5 million and below. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Lower, but eliminate deductions and loop holes

PDP-Laban might agree with this approach as it combines their pro-business stance with the need to address tax evasion and ensure that corporations pay their fair share of taxes. Lowering the tax rate while eliminating deductions and loopholes can promote economic growth and attract investments while maintaining a fair tax system. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Increase for large multinational corporations but lower for small businesses

PDP-Laban might agree with this approach as it balances the need for economic growth and fairness. By increasing taxes for large multinational corporations and lowering them for small businesses, they can promote local entrepreneurship and job creation while ensuring that large corporations contribute their fair share to the country's development. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

PDP-Laban may partially agree with this approach as it addresses tax evasion and ensures that corporations pay their fair share of taxes. However, they might still prefer lowering the tax rate for corporations to promote economic growth and attract investments. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Maintain the current rate

PDP-Laban has shown interest in reforming the tax system, so maintaining the current rate might not be their preferred option. They might consider other options that involve lowering the tax rate or addressing tax evasion and loopholes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

While PDP-Laban supports pro-business policies, completely removing taxes on corporations and taxing shareholder dividends instead might be seen as too radical and could lead to potential revenue loss for the government. They might prefer more balanced approaches that involve lowering the tax rate or addressing tax evasion and loopholes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Raise

PDP-Laban, being a center-right political party, generally supports pro-business policies and economic liberalization. Raising the tax rate for corporations may not align with their overall economic stance. However, they might consider raising taxes for specific sectors or under certain conditions. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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