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EDUCATIONAL SYSTEMS TECHNOLOGICAL INSTITUTE Senior High School Department Murallon, Boac, Marinduque Page | Economics (Taxation System of the Philippines) A Narrative Report Submitted by: Maradel Maac Ruth Ormido Ian Jay Mansalapus Joyce Anne Manzano Jake Labrador

Survey on the people's perception on the new Taxation system in the Philippines

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Page 1: Survey on the people's perception on the new Taxation system in the Philippines

EDUCATIONAL SYSTEMS TECHNOLOGICAL INSTITUTESenior High School Department

Murallon, Boac, Marinduque Page | 1

Economics(Taxation System of

the Philippines)

A Narrative Report

Submitted by:

Maradel MaacRuth Ormido

Ian Jay MansalapusJoyce Anne Manzano

Jake LabradorAngel SalazarRica Alambra

Submitted to:

Ms. Rose Fe Wamar

Page 2: Survey on the people's perception on the new Taxation system in the Philippines

EDUCATIONAL SYSTEMS TECHNOLOGICAL INSTITUTESenior High School Department

Murallon, Boac, Marinduque Page | 2

SUMMARY

For the fulfillment of our final semester in the subject of

economics, we, the grade eleven senior high school students at the

Educational System And Technological Institute conducted a survey on

the month of October 2016 .The said survey is about the Taxation

System of the Philippines .

This survey was conducted at Boac, Marinduque area only. We

conducted an interview with the following persons: LGU Executives,

former BIR Secretary, BIR Accountant, Big sale business owner, Small-

scale business owner, Government employees, Economics Teacher,

and a Student. We also need to conduct a survey among with the former

President, one of the 12 Senators of the Congress, one of the 250

representatives of the congress, the former BIR Secretary and an

Economist from any known University in the Philippines .Hence, due to

non-availability ,we have search their views in the internet. But to be

safe, we ensured to state the details where the information was taken.

Simultaneously, we ask to their permission if they will allow us to

conduct an interview with them. If they don’t allow us, we thanked them,

but if they accept it then, we ask some questions: Here are the following

questions included in our interview:

a. Are they in favor with the current administration plan to lower the

tax rate in Corporate and Personal income? Why?

b. What are the possible effects of this action?

Page 3: Survey on the people's perception on the new Taxation system in the Philippines

EDUCATIONAL SYSTEMS TECHNOLOGICAL INSTITUTESenior High School Department

Murallon, Boac, Marinduque Page | 3

We first thought of the possible prospect where we can conduct a

survey. We choose three students, three government employees,

managers of Cashyper Mart, Puregold, Sophie, OVM Internet Café,

Yamaha, Natasha, Avon, Personal Collection, and we have to go to the

BIR building for the accountant. Some had rejected us but it didn’t stop

us. We must keep moving forward. We are so glad for those who hadn’t

rejected us.

We started the interview with greetings; asking their names, on

how long they’ve been with their businesses /Careers, and some other

question for us to gain their trust.

As we gathered their answers, we had 62.5% of whom we

interviewed were in favor on lowering the tax rate in our country. They

gave us their reasons; (1) for higher income (2) the government will just

corrupt it and (3) the debt service payments need to be brought down.

The remaining percent does not agree on lowering the tax.

Many have agreed on the plan of lowering the tax rate on our

country. We’ll they have their reasons acquainted on their choices. As

we conduct the survey, allot of them where saying “hindi ko alam ” or

“hindi ako ang nagabayad ng tax kinakaltas na lang sa sweldo ko”.

They are not fully aware about the taxation system of our country that

they need to ask us what will be the answer.

Our former president, Mr. Benigno Aquino, rejected the idea of

lowering the tax rate and pointed out that,“taxes like VAT affects all,

regardless of one’s status in society. When the taxes are lowered the

Page 4: Survey on the people's perception on the new Taxation system in the Philippines

EDUCATIONAL SYSTEMS TECHNOLOGICAL INSTITUTESenior High School Department

Murallon, Boac, Marinduque Page | 4

value added tax would increase, the poor will not benefit at all, kapag

binawasanang income tax, mababawasan ang revenue at lalaki ang

deficit.” (rappler.com, published on July 2016)

Former Akbayan Representative,Risa Hontiveros, was in favor of

lowering the tax rate. It is stated in that site we viewed were she

reasoned out that one third of our national budget is being paid on the

foreign debt and that debt should be brought down. (interaksyon.com)

Economist, Walden Bello, was also in favor. It will benefit the poor

for him. (rappler.com)

Those were the ideas we gathered from the internet answering our

questions.

Page 5: Survey on the people's perception on the new Taxation system in the Philippines

EDUCATIONAL SYSTEMS TECHNOLOGICAL INSTITUTESenior High School Department

Murallon, Boac, Marinduque Page | 5

Collection of Photos captured after our interviews:

Globe Telecom branch, Murallon Boac

Yahamaha Motors, Boac