MARIT STINUS-CABUGON
TAXATION is a means for a nation to mobilize local resources to fund the programs and operations of its government. Too heavy reliance on foreign loans or other schemes with big foreign players could threaten long-term national interest. While we can always question the wisdom of the priorities of the government, the efficiency of project implementation and how the government conducts its business in general—are we getting value for our tax money?—substantial funds are obviously needed for even just the most basic of services such as education and health care, among others.