2 components of due process clause

(a)  

consist of 2 basic rights of notice and hearing as well as the guarantee of being heard by an impartial and competent tribunal

(a)  

no person shall be deprived of the same protection of laws which is enjoyed by other persons or other classes in the same place and in like circumstances ///persons similarly situated should be treated alike as to rights and obligations/ equality among equals

(a)  

no law shall be made respecting an establishment of religion or prohibiting the free exercise thereof. the free exercise and enjoyment of religious profession and worship without discrimination or preference shall forever be allowed. no religious test shall be required for the exercise of civil or political rights

(a)  

no law impairing the obligations of contact shall be passed

(a)  

no person shall be imprisoned for debt or non payment of poll tax

(a)  

poll tax

all appropriation, revenue, or tariff bills, bills authorizing increase of the public debt, bills of local application and private bills shall originate exclusively in the house of representatives but the senate may propose or concur the amendments

(a)  

it requires intrinsic validity of the law in interfering with the rights of the person to his life liberty and property

(a)  

it is strategically designed by the combined team of Department of finance, BOC and BIR is required on all petroleum products that are refined, manufactured or imported into the philippines that are subject to the payment of duties n taxes but not limited to gasoline etc

(a)  

macroeconomic theory of total spending in the economy and its effects on output, employment and inflation

(a)  

the multiplier effect is developed by ---- one of the chief components of keynesian counter cyclical fiscal policy

(a)  

focuses on active government policy to manage demands

(a)  

primary tools recommended by keynesian economists to manage the economy and fight unemployement

keynesian tools and underdeveloped countries

determinants of investment

one of the most important tools of keynesian economics that highlights the relationship between consumption and income

(a)  

2nd determinant of investment in the keynesian system , determined by liquidity preference and the supply of money

(a)  

he analyzed the feasibility of applying the keynesian multiplier theory and policy implications to underdeveloped countries

(a)  

it will indicate that batches have paid the required tariffs and went through all the necessary steps before it is sold in the market

(a)  

considered as bloodline of the national expenditures which means to say w/o proportional contributions the system of gov will be paralyzed

(a)  

3 principles of taxation

sources of revenue must be sufficient to meet the gov expenditures

(a)  

tax laws and regulations must be capable of being effectively administered w the least convenience to taxpayer

(a)  

tax system must be based on taxpayer's ability to pay

(a)  

critical for a country's development and improving infrastructure, reducing poverty and inequality n investing in health and education

(a)  

it estimates that the philippines will need to invest about 7% of GDP annually in infrastructure alone to support the country's rapid growth

(a)  

refers to how the tax system treats people with different income

(a)  

refers to how the tax system treats similar entities

(a)  

it should be based on firm's documented ability to deliver whether its creating more job, raising incomes or increasing exports

(a)  

it could address market failures

(a)  

rice tarriffication law is known as

(a)  

it opens doors to rice importation regulated by the government

(a)  

form of farmer collective action for the marketing and processing of farm products and for the purchase and production f farm inputs

(a)  

it entails a redistribution of purchasing power from individuals to the government followed by a retransfer

of the same from the government to individuals

(a)  

it has the revenue effect in one way and the expenditure effect in another

(a)  

it can produce favorable multiplier effect on national income

(a)  

is public debt inflationary?

debt accumulated by individuals or private businesses it can take on numerous form: personal loan, credit card, corporate bond or business loan

(a)  

national debt, sum of financial obligations incurred by all government bodies of a country. This debt can be accumulated by the government directly or a government agency at any level

(a)  

accumulated when the government borrows money from the government of another

(a)  

who owns the debt

cost of servicing debt for consumers it is the cost of interest payment on debt

(a)  

legal limit set by congress on the total amount that the department of treasury can borrow.

(a)  

it is incharge of both the spending and debt limit

(a)  

term used to describe the act of repaying a debt

(a)  

system for guiding short term market rates toward the bsp policy

(a)  

intended to monitor the correct payment of taxes and prevent revenue loss arising from illicit transfer of fuel

(a)  

it is relevant and effective to prevent fuel fraud and smuggling due to unequal tax rates imposed on different kinds of fuel

(a)  

it serves as a one stop shop for the country's so called taxpayer

(a)  

this system will simplify and speed up not only business transactions but the tax administration procedures of the government as well

(a)  

implements provisions that authorize electronic record keeping for receipts and sales reports, filing via electronic channels and implementation of electronic sales reporting

(a)  

TRABAHO

(a)