1. what is taxation
2. wHy is paying taxes important for the development of a nation?
3. in your opinion does Philippines has a Fair tax system, justify your answer?
4 how does the privatization of the government owned and controlled companies affected our economy?
5 differentiate land reform to agrarian reform.
6 indentify the positive and the negative effects of land reform, site an example.
7.how does the agrarian affected the economy of the Philippines?
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Answer:
The cost of running an entire country, especially one that is as large and populated as ours, is humongous.
It is through the taxes we pay that the government can perform civil operations.
without taxes, it would be impossible for the government to run the country.
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Tax paying is important for grow and development of our country and our gdp growth.
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