Sunday, January 29, 2017

Archimedes' Tax Principle

Displacement seems to be the name of the game our taxmen are playing.  First they moved to increase the SSS premiums of members to pay for the increment in seniors' pension. Now they
have this brilliant plan again to decrease income tax on low-end salaries which will entail an
increase in excise tax on gas and other products. Blame it on Duterte's drive to fulfill campaign
promises at all cost.

A finance mediator would have made him realize that promises are to be doable and fair to all.     

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