A reasonable income tax rate also helps, especially one that gives us a predictable floor to plan around. In this line, I support the government plan to raise the personal income tax exemption from P250,000 to P350,000. Also, with a higher threshold many workers will receive several thousand pesos more in annual take-home pay. Higher taxes on luxury vehicles and private aircraft are easy to defend since they affect mainly the wealthy. In sum, tax relief should be relief from inflation.