Conceptual Framework This study is undertaken to examine the effects of sin tax bill to the consumer and the seller in Batangas City. Moreover, since the ultimate role or objective of a bill is to change for good what is bad. The researchers decided to know what will be the effect6 of sin tax bill. This study focuses on how the sin tax bill affects the day to day life of the Filipino citizen. The bill can cause an increase of sin tax, decrease in demand of tobacco and liquor and the decrease in supply
on Thursday expressed optimism that the sin tax bill will be passed before the year ends as worries that the proposed measure will kill the tobacco industry persist. Speaking to reporters after the first committee hearing of the Senate committee on ways and means on HB 5727, “An Act Restructuring the Excise Tax on alcohol and Tobacco Products” or popularly called the sin tax bill, Recto said that by November or December, they will be able pass the bill and signed it into law. “In a month’s
will be spent for the universal health care program and tobacco farmers' livelihood. Aquino, who flexed his political muscle to get the measure passed, thanked lawmakers and advocates who helped push for the reform bill. "Many believed it was impossible to pass the sin tax bill. Those who are opposing it are strong, noisy, organized, and they have deep pockets." "But we have proven: nothing is impossible for Filipinos who are sailing in the same direction, whose hearts are in the right place
The Inexhaustible Challenge of Everest Tibetans had long called it Comolungma, “Goddess Mother of the World”, but it wasn’t until 1852 that British surveys are identified it as the highest point on the planet. Thirteen years later mountain was renamed for Sire George Everest, Surveyor General of India from 1830 to 1843. Too early climbers the grate peak was doubly remote. Its shear high made it as inaccessible as the mountains of the moon. Moreover, Tibet bared outsiders
A sin tax is a kind of samptuar tax: a tax specifically levied on certain generally socially proscribed goods and services, for example alcohol and tobacco, candies, soft drinks, fast foods, coffee, 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
------------------------------------------------- Focal length "Rear focal distance" redirects here. For lens to film distance in a camera, see Flange focal distance. The focal length of an optical system is a measure of how strongly the system converges or diverges light. For an optical system in air, it is the distance over which initially collimated rays are brought to a focus. A system with a shorter focal length has greater optical power than one with a long focal length; that is, it bends
Sin Tax Bill Should Be Legalized The Sin Tax Bill has been an issue among Filipinos. It is an important issue because it concerns health, money, and responsibility. Nowadays, the number of cigarette smokers and alcohol drinkers is increasing. In fact there are a lot of young people under the age of 18 years old in our country who smoke and who drink hard. This bill is an effective way to influence smokers and liquor drinkers to refrain from doing so. The bill implements higher tax for cigarettes
he Sin Tax Bill is a youth issue Students from University of the Philippines throw their support behind a bill that they think will benefit the country and the Filipino youth... By ANGELO G. GARCIA September 15, 2012, 10:47am THE UNIVERSITY of the Philippines Economics Towards Consciousness together with other UP school organizations hold a Sin Tax Consciouness Parade at the Diliman campus to inform fellow students about the advantages of passing the law. While the highly controversial Reproductive
The idea of “sin tax” is not new it used for commodities such as alcohol and tobacco in the past. The sin tax needs to be extended to include junk food because the bill would promote a healthier lifestyles, fights major epidemics of obesity, heart disease, and can raise revenue to fund healthcare reform. These are some of the reasons the government has decided to target junk food. If a sin tax is put in place it would help promote a healthier lifestyle by lowering the cost of healthy food, and making
equality, but the fact remains that the government controls our economy. This is usually done through various laws and bills. An example would be the anti-trust laws of our own government, which are supposed to prevent monopolies and increase the efficiency of our economy. One such tool through which the government controls the economy is the sin tax. The sin tax is a tax commonly levied on goods whose use is generally frowned upon by the society. These goods commonly include tobacco