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May 13, 2008
MY FIRST ABOUT TAX

Tax. Almost if not all of the people I met consider tax as a burden. As if the government is cheating them through it. Of course I have lesser idea about it considering I am still a student. But I have learned that tax should not be treated as such. Tax collected by the Beaureu of Internal Revenue [BIR] is used by the government to pay for most of the services enjoyed by its jurisdiction. Of course its purpose is beyond that. After all Jesus commanded us to pay our taxes. In order for the imposement of tax to be acceptable, which may help people to voluntarily pay their taxes, it must possess good principles. These are uniform, equitable, proportionate, certain, just, progressive, levied for public purpose and not contrary to law, public and national economic policy or in restraint of trade. Tax laws change and it may negatively affect the response of the people. Tax systems and administration should make people know that discovery of fraud can be possibbly detected and that punishment is readily given if in case.

Posted at 08:27 pm by angelo

 

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