Robin Padilla says against tax incentives for foreign investors

Gillan Ropero, ABS-CBN News

<div class='embed-wrap'><figure data-feedback='fb:likes,fb:comments'><img alt='Actor Robin Padilla during the PDP-Laban campaign sortie held at the Marikina Hotel and Convention Center on March 20, 2019. George Calvelo, ABS-CBN News' src='https://sa.kapamilya.com/absnews/abscbnnews/media/2022/news/02/03/20190320-pdp-laban-halalan2019-senator-sortie-bong-go-koko-pimentel-robin-padilla-cynthia-villar-bayani-fernando-gc-2517.jpg' ><figcaption>Actor Robin Padilla during the PDP-Laban campaign sortie held at the Marikina Hotel and Convention Center on March 20, 2019. <em>George Calvelo, ABS-CBN News</em></figcaption></figure></div><p>MANILA - Senatorial aspirant and actor Robin Padilla said Thursday he opposes tax incentives for foreign investors and seeks higher income so Filipino migrant workers can come home.</p><p>Padilla cited as an example his being an investor in Australia, saying he pays "double" the taxes.</p><p>"Pag sa ibang bansa naginvest ka ang tax mo doble. Dito sa Pilipinas magkakaroon ng foreign investor, ang tax mo libre. Dapat lang 50-50 tayo pero pagdating sa tax di mo dapat pinapaboran ang foreigner sa Pinoy," he told ANC's Headstart.</p><p>(If you invest in other countries, your tax is double. Here in the Philippines if you're a foreign investor you're tax-free. We should have a 50-50 share but when it comes to tax we shouldn't favor foreigners over Filipinos.)</p><p>Government should raise the "minimum monthly" income so overseas Filipino workers can return to the country, Padilla said.</p><p>"Dapat magkaroon tayo ng average. Kailangan dapat ang kinikita ng isang pamilya at least P25,000," he said.</p><p>(We should have an average. A family should earn at leats P25,000.)</p><p>When asked if he knew how to make a law, Padilla said he could hire lawyers to help him.</p><p>"Marami po tayong pwedeng kuning lawyer. Tapos na po tayo sa panahon na ang lawyer ang gumagawa ng batas kaya di niyo maintindihan," he said.</p><p>(There are many lawyers we can get. The time when lawyers are drafting measures that people can't understand has passed.)</p><p>"Panahon na po na isang Robin Padilla ang gumawa ng batas sa guidance ng magagaling na lawyer para maintindihan ng ating mga kababayan kung ano ang batas."</p><p>(It's time for a Robin Padilla to make a law guided by good lawyers so the public can understand it.)</p><figure class='op-interactive'><iframe allow='autoplay; fullscreen' frameborder='0' height='100%' id='ivsplayer01' scrolling='no' src='https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&key=e8c22c015ca9eafa76f1e3edfa03c603&spid=3001339&vid=1914397' width='100%'></iframe></figure><div class='iwantbar'>Watch more in <a href='//www.iwantv.com.ph/'>iWantv</a> or <a href='//tfc.tv/'>TFC.tv</a></div>

<p>(If you invest in other countries, your tax is double. Here in the Philippines if you're a foreign investor you're tax-free. We should have a 50-50 share but when it comes to tax we shouldn't favor foreigners over Filipinos.)</p><p>Government should raise the "minimum monthly" income so overseas Filipino workers can return to the country, Padilla said.</p><p>"Dapat magkaroon tayo ng average. Kailangan dapat ang kinikita ng isang pamilya at least P25,000," he said.</p><p>(We should have an average. A family should earn at leats P25,000.)</p><p>When asked if he knew how to make a law, Padilla said he could hire lawyers to help him.</p><p>"Marami po tayong pwedeng kuning lawyer. Tapos na po tayo sa panahon na ang lawyer ang gumagawa ng batas kaya di niyo maintindihan," he said.</p><p>(There are many lawyers we can get. The time when lawyers are drafting measures that people can't understand has passed.)</p><p>"Panahon na po na isang Robin Padilla ang gumawa ng batas sa guidance ng magagaling na lawyer para maintindihan ng ating mga kababayan kung ano ang batas."</p><p>(It's time for a Robin Padilla to make a law guided by good lawyers so the public can understand it.)</p><figure class='op-interactive'><iframe allow='autoplay; fullscreen' frameborder='0' height='100%' id='ivsplayer01' scrolling='no' src='https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&key=e8c22c015ca9eafa76f1e3edfa03c603&spid=3001339&vid=1914397' width='100%'></iframe></figure><div class='iwantbar'>Watch more in <a href='//www.iwantv.com.ph/'>iWantv</a> or <a href='//tfc.tv/'>TFC.tv</a></div>

<p>Padilla cited as an example his being an investor in Australia, saying he pays "double" the taxes.</p><p>"Pag sa ibang bansa naginvest ka ang tax mo doble. Dito sa Pilipinas magkakaroon ng foreign investor, ang tax mo libre. Dapat lang 50-50 tayo pero pagdating sa tax di mo dapat pinapaboran ang foreigner sa Pinoy," he told ANC's Headstart.</p>

<div class='embed-wrap'><figure data-feedback='fb:likes,fb:comments'><img alt='Actor Robin Padilla during the PDP-Laban campaign sortie held at the Marikina Hotel and Convention Center on March 20, 2019. George Calvelo, ABS-CBN News' src='https://sa.kapamilya.com/absnews/abscbnnews/media/2022/news/02/03/20190320-pdp-laban-halalan2019-senator-sortie-bong-go-koko-pimentel-robin-padilla-cynthia-villar-bayani-fernando-gc-2517.jpg' ><figcaption>Actor Robin Padilla during the PDP-Laban campaign sortie held at the Marikina Hotel and Convention Center on March 20, 2019. <em>George Calvelo, ABS-CBN News</em></figcaption></figure></div><p>MANILA - Senatorial aspirant and actor Robin Padilla said Thursday he opposes tax incentives for foreign investors and seeks higher income so Filipino migrant workers can come home.</p>

Senatorial aspirant and actor Robin Padilla said Thursday he opposes tax incentives for foreign investors and seeks higher income so Filipino migrant workers can come home.