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Opinion on Tax Reform Bills
Philippine Taxation Law was
set almost three decades ago in 1987. Taxation being the primary source of the
government’s revenues, there are three legislators who looked closely on it especially personal taxes - sees a need for Reform. The latest among is Senator Angara’s which had been the
topic of discussions in the country today. The President and the BIR Commissioner
were not in favor of the TAX CUT Angara has suggested. Comparing the Bills
filed here is what I am seeing about it, being an ordinary citizen.
A Glimpse on Tax Reform Bills
SB 2149 2014
authored by Senator Juan Edgardo “ Sonny”
Angara
Angara supports the
need for Tax Cut, he also explained that the expected shortage on collections
for the Government’s Budge can be settled from other income sources. Angara
advocated that the Government can collect twice as much from the revenues
sourcing from the Bureau of Customs (BOC) and the Bureau of
Internal Revenues
plus the premiums obtained from Public and Private Partnerships(PPP)
undertakings. And the two Bureaus
mentioned above can generate an income of around 1-1.5 T and IF the bill is approved, ONLY 30 B from it shall be cut from the
government’s income
His advocacy lies on
the empowerment of Human Capital thru reduced levy so that our own would not
think of migrating to neighboring countries where taxes are quite feasible to them
since we are on the verge of economic integration with the Association of South East Asian Nations (ASEAN) community.
More likely that job opportunities abroad will attract our income tax payers to leave the country
burdened by the taxes billed on them.
Sin Taxes (taxes on cigarettes and beer) can
also be jacked-up (also to help
people preserve their health) . A good example is greater taxes for three to
four times car owners when buying their next luxury car – this has a domino effect on the economy affecting
traffic conditions if they will be allowed leniently. Those are some of the
options that will also provide advantage
to the economy and the citizens.
SB 1942 2013
authored by Senator Paolo Benigno “Bam” Aquino IV
Sen. Aquino suggested
tax rate adjustment on a six-year interval according to Consumer Price Index
(CPI) and a tax exemption for earners of
60,000 below. Quite helpful for low-wage earnersJ
SB 716 filed 2013 filed
by Senator Ralph Recto
The threshold shall be
matched or adjusted with the prevailing Consumer Price Index (CPI) – that would
probably explain the need for HIGHER adjustment on set taxing brackets as he
said the prices of consumer commodities has almost doubled from 1998 to 2013.
He has also cleared that earners in the 20,000 below range shall only be
charged the lowest rate of 5%. The bill also suggests that rates be adjusted
every six years interval based on CPI.
Why Pro-Tax Reform?
The salary of a
fastfood service crew today can be somehow compared to the salary of the Store
Managers way back in 1987 when the Taxation Law has been put on practice. I
believe that his suggestion on adjustment basis is fairly acceptable for us and
to our economy. I salute the Sen Recto for not just favoring what could
possibly please the public alone but he is balancing his suggestions with
respect to the economic situation.
Noble Definition of Love
We always hear of stories about nobility of the word "LOVE". And below is among my favorite quotes about how it is being perceived.
What is written here is about unselfish love. If a thing that can make you happy will NOT make your partner feel the same but sad instead- you would rather sacrifice your own happiness because you love that person.
Honesty Quote
This Quote reminds us about being HONEST all the time. And in
my almost thirty-six years of life existence here are the things I have learned
about it and I hope it will inspire you :)
Honesty keeps us away from:
Beachyful Photos
Hi, I have a fascination with photos. I really love to bring my digicam everywhere my family go. and this is just among them. I like the shadow and light element here. Not a professional photographer but I really think you would like these, friends...
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| My daughter playing sand in a Resort in Quezon Province |
Aldub Mania
May epidemyang kumakalat ngayon sa Pilipinas, ito ay
kakaibang sakit. Ang dulot nito ay kilig at saya bata man o matanda, maging
babae man o lalake at inspirasyon sa bawat umiibig. Sabi nila sinakop na daw
tayo ng ALDub Nation…kahit ako nga na may-asawa at nanay na ay
naaadik sa pagsubaybay sa bawat eksena
araw-araw. Gusto ko talaga iyong comedy na dala nila.
(There is an epidemic spreading here in the Philippines, it is a unique ailment. It brings happiness to everyone, young or old. It seems like we had been colonized by AlDub Nation – “Al” came from Alden Richards’ name and “Dub” came from Yaya Dub’s. Even I am a married now and a mother I was also smitten by their charm. Their funny side makes me laugh.)
I am One with EVM
This blog to be glanced by my dearest Bro. Eduardo may just be a DREAM - knowing that he is always busy with duties in the Church. But still, I can not let this chance to pass. I wanted to greet him:
Me and my family love Bro. Eduardo because even he is not beside us physically, we feel him through the CARE and attention he is giving the Church. Every lesson he prepares for the Worship Service, the connection - reaching us through WebEx, no matter how far we are, we are close to his heart. He never gets tired of going around, visiting locales all over the world despite his fear of riding airplane; no war nor hot climate can stop his journey.
Having Problems with Your In-laws?
Are you
among those wives having problems with in-laws most especially with your mother-in-law?
Is she
always meddling (?) with how you do things? In cooking? In doing
the household chores? In disciplining your children? Or even with how you
handle your responsibilities being her son’s wife?
First of all
you have to understand, that his mother is the former queen of your hubby’s
life. Yes, they have been attached since your husband’s existence. That is the
real reason why the m-i-l seemed so “cruel” to you, there is just some little
depression happening when they suddenly part ways as Mr. Hubby moves his focus
of attention to you.
You can
alleviate his mom’s (now your mom too) feelings through understanding. Telling her always that you and your husband
are just around and her child has just became children now. That there is now
the two of you.
Family Planning Methods (Natural and Artificial)
Mga Kahinaan ng
Natural na Pamamaraan ng Pagplaplano ng Pamilya
Hindi ipinapayo ag “abstinence” sapagkat
nakapagdudulot ito ng infidelity lalo
na sa bahagi ng kalalakihan, bibihira ang kayang magpigil.
Sa Natural Method din
na Withdrawal,
may sumasablay dahil ayon sa mga eksperto, nakakapag-eject na rin ng semilya
ang lalaki kahit wala pa talaga siya sa climax
at 24-48 hrs. nananatiling buhay ang sperms para makapag-fertilize kung
sakaling may aksidenteng mag-drop sa vagina.
Confusion Buster: "We" and "They" Substitution
Like many of students
who have encountered the pronouns “we”
and “they”, I also get confused in
substituting nouns with these plural pronouns —
especially in sentences where I thought I was included with the ones
being referred to. Like for example the nouns “youth”, “students” or “children”
(when I was still a student) used with another noun like:
1. The government leaders and the youth
are expected to join the Recycling Summit.
I
was assuming before that being a “youth” too when I was in highschool
or college, I was among those who are being talked about that is why I get
confused whether to change the compound subject to “they” or “we”.
Marinated Milkfish's (Bangus) TOP Secret
My
husband and I love Vinegar Marinated Milkfish. We order it from fastfood’s
breakfast meal menu,I have tried cooking it at home but shy to admit, I failed.
It took me three more years to find out why the Milkfish I am cooking does not
taste that good despite of choosing the freshest Milkfish, putting iodized
salt, pepper and the tastiest Pinoy garlic
variety. I put a lot of salt and vinegar submerging the fish) but still it
taste saltless and the vinegar, seemed nowhere. I thought it was MSG, I am
missing but still the taste is bland, I was not able to decipher the secret
behind the tasty Bangus Fry not until I met this Aling Anna, a Milkfish vendor
in Silang Market in the year 2007. She is selling very fresh Bangus from Panggasinan (the well-known
source of Dagupan Bangus – the meat is a bit tangy and tasteful not like the
once I have tasted before that is tasteless, you will get what I mean when you
taste it) as well as deboning and marinating some of it for selling too. Many
times I bought the marinated ones. But when I started to learn deboning
Milkfish ( I want my family to enjoy eating without the frightening fish bones),
my desire to know the secret behind her
tasty Bangus, I end-up asking Aling
Anna one market day. She is hesitant to share it, maybe because of the other
vendors around, since we somehow became friends, me being her frequent buyer – I
told her too that I am not going to sell and be her competition, it is just for
home use; she gave in. And you know what?! I did not miss any ingredient. It is just the TECHNIQUE that made the big difference on taste. Here are
the tips she shared and I hope it will be of BIG help to you too.
The Secrets Revealed:
1.
After deboning and washing the Milkfish, salt it back and front. Let the salt be ABSORBED for around 30 minutes
or more. Usual Ingredients:
Milkfish (Bangus)
salt
ground black pepper
MSG
vinegar
Peaceful Assembly of the Church of Christ (Iglesia ni Cristo) Members in EDSA
I am one with the Church Administration, I am a part of the body. Arriving meters away from the venue in the dawn of Monday Aug. 31, 2015. My teary-eyed feeling of happiness that I am there along with the other brethrens who felt dismay of the DOJ Secretary’s flagrant support to the case filed by former INC minister and church member Isaias Samson.
We, as members of the Church are
taught to respect the laws of the government, workplace etc. We are admonished
NOT to join LABOR UNIONS that is why church members’ in Hacienda Luisita known
to be maltreated by other co-workers who called for revolt against its administrators
–they were not accepted for a ride, they were not sold food and other
merchandise they need (Years ago, the Church Administration has decided to buy a
land to relocate them in Laur, Nueva Ecija –the Baranggay Maligaya). That is just
one example of how we are being obedient and peaceful citizens of this homeland.
INC members have been good society players too – we are encouraged to live peacefully and avoid vices like drugs and alcohol so we would not become delinquent members of the community. The
Church members’ have been very supportive of all government projects and
advocacies; reminders on voters’ registration (are even read on our Worship
Services), keeping the country clean and green (thru various clean-up drives
made throughout the country’s scenic spots and shores/tree planting on
mountains and in areas that needed such) we also work hand-in-hand with the
government’s DOH call in blood donation drives (we even sponsored some), we are
also helping the government aid in disasters (bec, we are catering to ALL those
in need not just members of the church alone) like in Yolanda (Typhoon Haiyan)
victims in fact the FYM Foundation was among the earliest help that arrived in
Leyte that time and among the benefactors of continuous food supply for almost
a month.
We are not among those who had
given the government a headache. I was really wondering what could possibly be
the OTHER reason for this partiality?! This time, we had to speak-out, that we
are not blindfolded of what DOJ (headed by Sec. de Lima) wants us to SEE. For
that, we could not hold our silence anymore and we are fighting for our RIGHT
as ONE man in the eyes of God. Members went to EDSA with hearts beating as ONE, that is why when the issue is over (when the government gave time and look on the issue impartially) we also LEFT the area like a single person.
The Department of
Justice (DOJ) SEEMED to be unfair and biased on favoring Samson’s case filed
against the Church’s council? And the matter that is supposed-to-be an internal affair of the church became a National Issue – is
Sec. de Lima running out of problems to solve and gave focus on meddling with
the church’s affairs? How about the SAF 44? Is there justice yet for the
victims that were heartlessly massacred? How about the “Pork Barrel Scam”? Is justice well-served for the stolen national
coffers? Half-done maybe…the issue on our National Park –the photo bomber? The ZTE
Deal that may have stolen free
internet access from the Filipino people? The Privatization of Fort Bonifacio,
the immense corruption within government agencies, the latest issue on the “Balikbayan Boxes” in the Bureau of
Customs? The MRT maintenance contract, is it well-executed by the other party?
If YES, why are there frequent problems on its operations? Did she look-up on
the provisions of the Contract? All I noticed is just REPAIRS correct me if I
am wrong, have they really done some maintenance work on it? Those are just the ones known to me. Maybe our
fellow-countrymen know more a lot more.
Maruya (Banana Pancake) Recipe, My Style
My place is abundant of banana plantain (saging na saba). I do not buy them, friends just share some of their harvest to my family. I have eaten the conventional Maruya and it is really a comfort food paired with a hot chocolate, coffee or even cold drink. I tried putting a twist to this famous Pinoy merienda (snack). Easy to cook with easy to find ingredients.
Crispier Fried Rice Tip
Friends, wondering how you can give your fried rice a CRISPIER texture? Here are the steps.
1. Transfer
left-over rice in a plastic container.