Reaction: Sin Tax Law

Topics: Tax, Pigovian tax, Taxation Pages: 3 (782 words) Published: January 24, 2013

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 Sen. Marcos who said that farmers stand to lose their livelihood because of the measure. This is very true, we all know of the fact that Philippines’ one trademark in the field of import and export of raw materials is the tobacco, there have been a lot of Filipino families who are dependent on their incomes from tobacco industries and wine manufactories. And here comes this bill passed without proposing alternatives that would help these people; it should be taken an account in the first place . It is even harder for the government to generate jobs for thousands of jobless Filipinos who have finished their degrees how much more these people. Is the government expecting them to easily shift to another source of income? What kind of income would that be? Smuggling? Second, given the proposed prices of alcohol and cigarettes, I see it as so illogical for the government to risk their time and effort on this issue , giving the people-friendly prices at the end of the day I suggest this is not supporting to their proposal, because for the people who have been addicted to cigarettes and alcohol, like the need of rice no matter how you increase the price since it is what they needed and wanted they’d rather take the risk to get a source of money just to buy those things....
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • SIN TAX LAW Essay
  • Essay on Sin Tax Law
  • Sin Tax Law Essay
  • Sin Tax Law Articles Essay
  • Sin Tax Intro Essay
  • Sin Tax Law Essay
  • sin tax Research Paper
  • Essay on The Effects of Sin Tax Law to the Bar Owners

Become a StudyMode Member

Sign Up - It's Free