Rizal Philippines
May 26, 2018
What does train law meanto ordinary Filipinos?
Benefits under the TRAIN law - from Rappler (fair ba reporting?)
The authors of the Train Law (the law that increased income tax exemption for workers - a very political move to be popular with voters who are wage earners) promised and stated that they will not affect prices if all minimal. But with gas prices shooting up from P18.00 per liter to as high as P62.00 for gasoline and P50.00 it is very invevitable that prices will go up. Equipment renters, truckers are now charging higher for the freight. Some transport groups have motu propio on their own increased their fares. In the island province that I visited yesterday, the VAN fare shot up by P40.00 and there were not lots of van going around (maraming LTFRB) patrols and fines for colorum is impounding + P200,000 fine. Mahirap ding sumakay
I would like to think that taxes and economy is a zero sum game. Nothing is free. Nothing comes from nothing. Everything must come home to roost, just like a chicken.
It you grant tax exemption, the law taketh away from the people too by way of increase prices of goods (brought about by rising fuel prices and trasnsport/commuting) In the end the people, the proposed beneficiary of the TRAIN law, got nothing, got the short end of the promise.
How come.? Baka dapat amendahan o baguhin ang TRAIN law? Minadali, kulang pag iiisip, research,debate?
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