Conversing with ideologue, ie those with progressive ideas is next to impossible. Like the labor groups and jeepney drivers who still want the excise taxes to be removed from fuel prices. While this will help alleviate the situation for many of our citizens, this fails to understand the explanation of the economic managers that this will put the govt finances into more strain, what with high level all ready of P12 trillion of debt.
The Train law which enacted the excise taxes granted tax exemptions to wage earners of P250,000 annually, quite a huge amount and removal of large tax base for income tax. And WT
How could they not get it, despite most getting the P6,500 fuel subsidy and P200 ayuda for every family increased to P500. Take note today the prices of diesel plunged by P12.50 and for gasoline by P5.00
Many still think that the oil firms are responsible for oil price hike. The oil producers the sheik, OPEC raise oil prices, not oil firms nor the govt. We need more understanding from our citizens.
It does not look that reason is at work here but anti thesis if not greed.
