Councilor Winnie Castelo wants the permanent revocation of a 2016 ordinance increasing the fair market values of real properties in Quezon City.
“Our people continue to suffer. Individuals and families are affected. Businesses are struggling to survive its day-to-day operations and to keep their workers. We do not want them to be burdened with higher real-estate taxes especially in these times,” he said.
Along with Councilors Karl Edgar Castelo (District 5) and Melencio Castelo Jr. (District 6), he filed proposed Ordinance No. 468, citing that “the Covid-19 pandemic that has caused untold suffering and misery to our people and the nation will not go away in the foreseeable future.”
The permanent scrapping of the increased imposition would help thousands of small property owners to tide over the raging health crisis.
“We may consider asking them to contribute again through taxes when times get better,” Castelo said. Rio N. Araja
The proposal aims to revoke Ordinance No. SP-2556 of 2016, and the subsequent ordinances and resolutions related thereto, including the implementing rules and regulations adopted for these measures, he said.
The approved ordinance increases taxes on lands, buildings, construction, and other improvements.
The further extension of Ordinance No. SP-2556 is “not advisable,” the District 2 councilor said.