MA. LOURDES TIQUIA

HOW rich is the Philippines? How about the 81 provinces? How do we monetize our natural wealth as assets that determine the future of shifting to federal? Why should we continue to rely on income, land area and equal sharing as the defined formula in determining Internal Revenue Allotment? Do we still carry these factors in the determination or shaping of federated areas? What factors are considered in a 60-40 allocation of taxes and natural wealth in favor of federated areas? Why pursue 80-20 in favor of federated areas?

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