Taxes according to Encarta are defined as “an amount of money levied by a government on its citizens and used to run the government, the country, a state, a county, or a municipality” but it also means “a strain or heavy demand”. Taxes are an amount of money collected from the citizens of a country. It is used in improving the country’s infrastructures, human capital, and etc. Right now, increasing the National Budget is quite critical because we are deep in the mud and another burden won’t take us any higher. But, for the sake of having our country raised, I guess many of us will participate. The National Budget, once increased, would fuel the start of modernization of our country. It would probably end the never-ending projects that are profited by politicians. It will be used to improve our country’s farms so that we would never import again from other countries. In simple words, the National budget is the source of every project that is being laid in our country. The past presidency’s way of spending the said budget is quite controversial. Many say that the president keeps it to herself rather than spending it for the improvement of our country. But, I think she really did try to improve our situation. It is only that she does not have the capacity and ability to do so. That mentality gave way to the crumbling of the citizens trust is the country. Briefly, it has brought our morals down.
Taxes in our country are of large quantity already compared to other countries. It is due to the different taxes that we pay. To name some: Value Added Tax (VAT), BIR certificate, Tax on Interest, and more. From this, our citizens have a question in mind. “How come the National Budget is unable to sustain economic growth in our country?” Actually I do have the same question. If we think shallowly, we might end up blaming those people who manage the National Budget. But, I think it is because of a politician’s wrong use. Our budget may... [continues]
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