Mindanao Condition University – Sulu
PENNSYLVANIA 241 – PUBLIC MONETARY ADMINISTRATION
Prof. Jul-Asri A. Hadjibun, DPA, Ed. G. (Candidate)
Sitti Alhada U. Abayan
EFFECT PAPER IN SIN TAX BILL
The Bad thing Tax bill (House Bill 5727 and United states senate Bill 3249) is a expenses which aims to restructure the present taxes made on alcohol and cigarettes goods. About December twenty, 2012, Leader Benigno Aquino III authorized the Republic Act 10351 or the desprovisto tax change 2012. The Sin Tax Bill is a sensationalized issue in the Philippines and it gets several blended reactions coming from different stakeholders in the country or perhaps Filipinos at large. Filipinos are required to reduce their vices like alcoholism and smoking cigarettes as a target result of this Bill. Aquino said the newest law aims to favor the government as well as the Filipino people since profits to be generated from the assess will be used to fund health insurance programs for the poor, and build and renovate hostipal wards in the country. Most families of Filipinos especially those who have are not moving into urban areas are farmers. The origin of their livelihood is farming tobacco products and harvesting fermented liquors, inside our dialect " tuba”. They are now the immediate matter that the government should consider after the approval on this Bill. Higher taxes in tobacco items mean reduced income for the farmers. Especially, that they are not really the owner of the lands they're farming, they also pay lease contract for the lands. Lack of employment is one of the feasible outcomes with the Sin Tax Bill, especially on our farmers. If they may become jobless, that they likely can resort to several illegal activities just to offer their family. The aim of the Sin tax Bill is to discourage smokers and alcoholics. However the problem this is that, especially on Filipinos who claim that these habits are obsession with them, they will still continue smoking and drinking alcoholic beverages, to the point that they...