From government’s point of view, the ideal excise tax on sin products is an ad valorem or a percentage tax of the manufacturing price of a pack of cigarettes or a bottle of beer or whiskey. Failing that, it can accept a specific tax on these products indexed to the inflation rate. Of course, it [...]
Archive for the ‘Barack Obama’ Category
Sin tax alignments
Posted: March 21, 2012 in ad valorem tax, Asia Brewery Inc., Barack Obama, BIR, Bureau of Internal Revenue, cigarette taxes, Colt 45, Department of Finance, Department of Health, Inelastic demand, Philip Morris Fortune Tobacco Corp., San Miguel Beer, sin taxes, specific tax, tax reform, Taxation1
US elections and the Philippines
Posted: March 11, 2012 in Asia Pacific, Barack Obama, China, John Mearsheimer, Mitt Romney, Newt Gingrich, Noynoy Aquino, Regional hegemony, Rick Santorum, US elections, Wells FargoIn November this year, incumbent US president Barack Obama of the Democratic Party will face off versus the standard-bearer of the Republican Party after the latter goes through its primaries. The front-running Republicans include former Massachusetts Gov. Mitt Romney and former senator from Pennsylvania Rick Santorum. A distant third is Newt Gingrinch, former Speaker of [...]
Alliance curse
Posted: March 5, 2012 in Barack Obama, Benjamin Netanyahu, Iran, Israel, Middle East, United States, US Middle East policy, US-Israel relationsTags: Barack Obama, Benjamin Netanyahu, Iran, Iranian nuclear facilities, US foreign policy, US Middle East policy
US President Barack Obama and Israeli Prime Minister Benjamin Netanyahu meet today to unify their countries’ positions vis-a-vis Iran and its nuclear program. Iran had repeatedly vowed that its nuclear program is being developed only for peaceful purposes but Israel and its main ally in the world–the United States–cannot countenance the loss of Israel’s monopoly [...]
Viva Egypt! Viva Bouazizi! Viva the Egyptian 300+!
Posted: February 12, 2011 in April 6 Youth Movement, Arab people power, Barack Obama, Egypt, Hosni Mubarak, Jordan, Kefaya, Muslim Brotherhood, Non-violent politics, People power, Tahrir Square, Tunisia, YemenViva Egypt! After 18 days of non-stop, non-violent protests, marches, and general strikes, former air force general and supreme leader of Egypt for the last 30 years, Hosni Mubarak, skedaddles to a Sinai peninsula resort town while his designated VP Omar Suleiman announced that Mubarak has resigned as Egypt’s president. The chairman of the Grand [...]
