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RE: Many people are worried about the new implemented tax
Tax increase will definitely be a strain into our budget. Even though that the income tax of the regular Filipino will be lessen still knowing how the price will increase astronomically it is something that will be a burden.
Imagine the suggested jeepney fare from 8 pesos to 12 per ride. Tsk.
What we can do is to trust this thing in the government, because they already invested some time on researching on this matter. Maybe they will have some countermeasures that we do not know yet.
Yes you are very correct with those statements @tpkidkai, i am a bit worried about this but i trust our government's decision. If salary increase will be implemented as well, surely some company will close down or cost cutting which results negative effect. I hope it won't be that way.