Kasiyahan at pagsisisi
In an ideal society, taxation should not affect people who are dependent on the income of others or people who are not yet of legal age, this includes students.
While students in the Philippines are not taxed and are also given special discounts in certain establishments and public transportation, they are still affected by taxation. We have what is called the Value-Added Tax.
This tax is placed on all products and services available in the country if the business is earning more than 1 million pesos in a year. That means large establishments and businesses are required to pay the Value-Added Tax after a year of operation. These businesses pass on the tax to consumers by increasing the price of the goods or services they are selling.
Imposed tax on other things and the continually rising prices of consumer goods also leads to a tighter household budget when a country such as the Philippines does not have the best labor and employment laws in force. Since there is a massive income inequality in the Philippines, very low minimum wage rates, continuous inflation, the income of breadwinners and working students may not be of massive help.
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