REACTION: SIN TAX LAW I am so glad of the very purpose of passing the sin tax law which is to protect the health and save the lives of the countrymen. This simply means that the government officials are concern about the good health of all Filipinos but this doesn’t mean that I am into this bill‚ for some reasons that the government or most of the senate themselves failed to look unto. Firstly‚ I would like to agree with
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I. What is Sin Tax Bill ? A sin tax is a kind of sumptuary tax: a tax specifically levied on certain generally socially proscribed goods and services‚ for example alcohol‚ tobacco and gambling. Sumptuary taxes are ostensibly used for reducing transactions involving something that society considers undesirable‚ and is thus a kind of sumptuary law. Sin tax is used for taxes on activities that are considered socially undesirable. Common targets of sumptuary taxes are alcohol and tobacco‚ gambling
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In this day and time‚ it is very easy for someone with a computer‚ android tablet‚ or even a smart phone to download several applications that allows them free access to thousands of leaked songs and movies. Over the past years Internet music sharing has become a major issue for the music industry. A lot of recording companies have found themselves in an uproar because they realize that the constant sharing and downloading of albums are hurting the artists. The people that are turning to the
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Sin Tax Bill (Commentary)- This is a reaction paper on the approval of the Sin Tax Bill I am so glad of the very purpose of passing the sin tax bill which is to protect the health and save the lives of the countrymen. This simply means that the government officials are concern about the good health of all Filipinos but this doesn’t mean that I am into this bill; for some reasons that the government or most of the senate themselves failed to look unto. Firstly‚ I would like to agree with
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18 March 2013 Sin Tax Bill: Dashing Expectations How good does the decrease of the number of smokers in the Philippines sound? Moreover‚ wouldn’t an increase in the government’s health care revenue be pleasing to hear? The Sin Tax Bill‚ now signed into law‚ aims to promote health by discouraging vice whilst raising additional revenues for the government’s Universal Health Care Program. It aims to do so by increasing taxes in so-called sin products such as alcohol and cigarettes. The largest percent
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EXCISE TAX ON ALCOHOL AND TOBACCO PRODUCTS BY AMENDING SECTIONS 141‚ 142‚ 143‚ 144‚ 145‚ 8‚ 131 AND 288 OF REPUBLIC ACT NO. 8424. OTHERWISE KNOWN AS THE NATIONAL INTERNAL REVENUE CODE OF 1997‚ AS AMENDED BY REPUBLIC ACT NO. 9334‚ AND FOR OTHER PURPOSES Commonly known as SIN TAX REFORM ACT OF 2012 “Stick to One” OVERVIEW Sin Tax is a tax levied on products or activities‚ which are considered sinful or harmful and considered as objects of social disapproval‚ such as liquor and tobacco. Sin tax
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Phong Nguyen Dr. Lindsay Lewan English 122-105 Writing Assignment September 25‚ 2013 Will Google glass be a breakthrough technology to assist people with disabilities? It could make them feel more self-sufficient. Because it helps the hearing impaired by bypassing the damage part of the ear Because it helps the vision impaired by whispering details into their ear Because Google glass can be accessible for the disabled i.e. taking pictures and recording Because Google glass makes the disabled
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Alex Theall Writing 122 Trunnel Argumentative Piece Secondary education allows individuals to gain knowledge‚ but at the same time it can bury a person up to their eyes in debt. College or a Trade School can be great tools to broaden someone’s opportunities. Americans believe that a higher income comes with higher education. Many successful people today have little to no education‚ and still are able to live a lavish lifestyle. The majority of billionaires today have earned their wealth by dedication
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Pros and Cons of Sin Tax Sin tax is a tax that is applied to a product that has been deemed undesirable in the general society. An example is a tax that is applied to beer or cigarettes. These tax can be placed to raise money for a certain public amenity like a stadium‚ when raising other taxes‚ like income‚ would politically be a bad move. This kind of tax is appealing to voters who wish to get rid of the undesirable actions. What are some of the pros of imposing a sin tax? Well the first
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Marlene B. Escamillan 4E1 The impact of sin tax on the consumer’s demand for cigarettes Introduction The raise in tax is one of the most valuable gauges to lessen the utilization of a good. Just the same as other taxes‚ a sin tax is charged to lift up proceeds for government expenditures. Different from other taxes‚ a sin tax is often imposed with an intention of reducing the public’s consumption of a good. On the other hand‚ when you articulate about taxing cigars and alcoholic beverages
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