Both of the tax systems offer personal deduction and dependency exemption to relief tax burdens for needed individuals and families. Regulators should first maximize public interest under those limitations. There is no absolute fair tax system. Flat tax - A fair tax system The United States has been known as a promised land for freedom, opportunities, and equality.
Please join StudyMode to read the full document. Constitution of the Philippines 2. The Constitution , composed of a preamble and 17 articles , provides for the shift from presidential to parliamentary system of government. The Constitution vests the legislative power in the National Assembly. A Prime Minister is elected from among the members of the National Assembly and serves as the head of government and commander-in-chief of the Philippine Armed Forces.
Constitution of the Philippines 2. February 25, as President of the Philippines, replacing Ferdinand E. On March 25 of the same year, President Aquino issued Proclamatio Discover great essay examples and research papers for your assignments. Our library contains thousands of carefully selected free research papers and essays.
In: Business and Management. Two Fold Nature of the Power of Taxation 1. It is an inherent attribute of sovereignty 2.