Is the Philippines going to the path of socialist state. There is no shortage of projects that aim to make people work less and be dependent on dole outs: AKAP, AICS, 4ps, the seniors universal pension. Less and less of initiative, industry and determination if being asked from citizens. Thus we are danger of losing supporters of the nation due to decreasing number of taxypayers (remember the tax exemption of factory workers, low wage earner is P200,000. So what do we resort to:
1. Increasing burden of taxpayers - they paying more
2. Borrowing
And for the latter we complain that our future generations are all ready drowning in debt even before they are born We are, our government is asking for this situation Wise fiscal management and governance have escaped the heads of our honorable statesman
The govt is supposed to lead the country, provide stable policies, peace and order, but not a super ordinte ATM Wherever they get the idea for the latter.
Business taxpayer bear the burden for development. We need investments, factories, productive enteprises, not ayudas. etc.
Let us bring this back
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