OPINION | The Bulacan Ecozone veto and Ben Diokno books [My Cup Of Liberty By Bienvenido S. Oplas, Jr.] READ:
State of The Nation: A Retrospective Look into the Macroeconomic Issues of the Philippines, and In one article, “A broad-based, comprehensive tax reform is the only way forward” , Mr. Diokno argued that “the core elements of a broad-based, comprehensive tax reform program are: lower income and corporate income tax rates, broader corporate tax base by rationalizingI agree with lower personal income tax and corporate income tax rates and a broader tax base.
I do not agree with a number of points raised by Mr. Diokno in his four books but they are worth reading by researchers, writers and observers of economic policies. Having hindsight of the recent past will help formulate sound policies for the present and the future.Last week, I passed by the Edsa-Ayala bus loading area: it was a horrible sight in the afternoon. The passenger queue was very long and hundreds, maybe thousands, of people had to endure the heat, dust and smoke.
There are not enough buses. Not enough aircon vans. Not enough transport network vehicle service cars. Not enough motorcycle taxis . Transportation Secretary Jaime Bautista comes from a private airline company. He knows the importance of having flexibility in the number of units per destination and flexibility in adjusting fares depending on seasonal demand by passengers. He will be a good manager to modernize land, sea, and air transportation in the country.
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