Project 7 to 1 Podcast: Mon Abrea, is 350,000 income tax exemption enough?

In the third guesting of Mon Abrea on the Project 7 to 1
Podcast, Carlo Ople welcomes back the Philippine Tax Whiz for
another deep dive into one of the issues that directly affects
millions of Filipino workers: income taxes.





This time, the conversation focuses on the bills filed in
the Senate seeking to raise the income tax exemption threshold.
With a proposal to increase the tax-free ceiling to ₱350,000
currently on the table, Carlo and Mon discuss whether that amount
is enough to provide meaningful relief to Filipino
workers. 





For Mon and Carlo, raising the threshold to ₱500,000—or
even ₱600,000—would be a fairer reflection of today’s cost of
living and economic realities. But Mon takes the argument even
further: his battlecry remains ₱1 Million Tax-Free
Income.





The conversation breaks down why they believe the current
threshold needs to be revisited, what higher tax exemptions could
mean for take-home pay, and how tax policy can better keep pace
with the realities faced by working Filipinos. They also explore
the bigger question: at what point does taxation become a burden
on the very people who are trying to build their lives, families,
and businesses?





Expect another candid and thought-provoking conversation
with Mon Abrea—complete with strong opinions, practical tax talk,
and a bold proposition for what Philippine income-tax reform
could look like.