Rizal Philippines
August 9, 2017
Pres Duterte Signs into Law RA 10931 - Universal Access to Quality Tertiary Education Act
Now the truth is out - the free scholarship law which Pres. Duterte signed into law has no budget. It is Pres. Duterte's big problem now. It could cost about P100 billion to cover the 144 SUCS (according to DBMs Diokno.). Saan kukunin? Eh pangako babawasn personal income tax pero maraming idadagdag no consumer taxes: excise tax on gas, sweets (sugar) and others. Tatamaan din mahirap. I think taxes is a closed system, is systemic. What you take out from one part will bulge and hurt other parts of the system. You decrease the income tax, but increase consumption /business tax. It hurts the masses just the same.
So mang holdap ang govt to send SUC students through college for free. Nice program
But budget less and could frustrate many students who are anticipating free college educatioon
