Councilor proposes more taxes for QC residents to fund informal settlers’ housing

ABS-CBNNews.com reports that District 4 Councilor Edcel Greco Lag has proposed an ordinance that would implement a socialized housing tax on Quezon City residents. The money from the added tax will then be used to fund a housing program for more than 2,000 informal settlers in the city.

ABS-CBNNews.com reports that District 4 Councilor Edcel Greco Lagman has proposed an ordinance that would implement a socialized housing tax on Quezon City residents. The money from the additional tax will then be used to fund a housing program for more than 2,000 informal settlers in the city.

 

Lagman said, "From all over the Philippines pumupuntang Quezon City for a better life, only to realize na wala pala silang bahay dito. What if bigyan natin sila ng magandang pabahay?"

 

According to the report, under the tax scheme, if a lot has an assessed value of P100,000 and above, it will be subject to a 0.5% tax from the assessed value, not including real property tax. Thus, for lots with an assessed value of P100,000, a minimum of P500 will be added in annual tax.

 

Quezon City residents have mixed reactions about the proposal. There are those who think of it as an act of goodwill, while others are wary. The report quoted QC resident Jordan Tolentino, who said, "Baka mamaya mas dumami pa ang squatters sa Quezon City dahil masyado nilang binibigyan ng incentive ang mga informal settlers."

 

Meanwhile, the local government, meanwhile said "informal settlers will not be the only ones who will benefit from the tax scheme." Quezon City Vice Mayor Joy Belmonte said, "Kung bibigyan natin sila ng housing, magiging taxpayers na rin sila balang araw. So we are breaking the cycle of poverty."

 

For more on this story, log on to ABS-CBNNews.com.

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