The Sin Tax bill Reaction Essay Example for Free

The Sin Tax bill Reaction Essay The Sin Tax bill (House Bill 5727 and Senate Bill 3249) is a bill which aims to restructure the existing taxes imposed on alcohol and tobacco goods. On December 20, 2012, President Benigno Aquino III signed the Republic Act 10351 or the sin tax reform 2012. The Sin Tax Bill is a sensationalized issue in the Philippines and it gets several mixed reactions from different stakeholders in the country or Filipinos at large. Filipinos are expected to reduce their vices like alcoholism and smoking as a target result of this Bill. Aquino said the new law aims to favor both the government and the Filipino people since revenues to be generated from the measure will be used to fund health insurance programs for the poor, and build and renovate hospitals in the country. Most families of Filipinos especially those who are not residing in urban areas are farmers. The source of their livelihood is farming tobacco products and harvesting fermented liquors, in our dialect â€Å"tuba†. They are now the immediate concern that the government should consider upon the approval of this Bill. Higher taxes on tobacco products mean lesser income for these farmers. Especially, that they are not the owner of the lands they’re farming, they also pay lease for the lands. Unemployment is one of the possible outcomes of the Sin Tax Bill, especially on our farmers. If they become jobless, they likely can resort to different illegal activities just to provide for their family. The aim of the Sin tax Bill is to discourage smokers and alcoholics. But the problem here is that, especially on Filipinos who claim that these vices are addiction to them, they would still continue smoking and drinking alcoholic beverages, to the point that they would sacrifice some of the immediate needs of their families just to sustain their wants. Filipinos are very steadfast on every endeavor they undertake. But they have this mindset that the Programs of the Government are not reaching the true and deserving beneficiaries, like farmers. They may not benefit from these health programs because in the first place they are not living in the cities where standard and quality health responses are located. Maybe these projects may be beneficial to the Filipinos but what of the immediate impact on these increases of taxes? Different Tobacco and Alcoholic Beverages companies might also decrease the salaries of their workers or lay-off employees because its production will become more expensive. It will really affect factory workers and even small-scale business owners. On the other hand, I think this Sin Tax Bill has its positive goals especially to the youth of the nations. Most consumers of these â€Å"sin goods† are youth. With the presence of this bill, there will be higher prices on different cigarettes and alcoholic drinks and since they cannot afford it, they will be discouraged to smoke and drink alcohols. Let’s just cross our fingers that the youth will not resort to illegal means just to continue their vices, especially the out-of-school-children-and-youths. Since they do not have a proper education, we should take it into account that OSCYs are more vulnerable to these vices and if they are not guided properly, this Sin Tax Bill will make sins bigger.

Genetic Engineering the Church View Essay -- essays papers

Genetic Engineering the Church View A relatively recent issue, genetic engineering has nevertheless become an important enough internationally to cause public debates. The issue is complex, involving many parts and, of course numerous ethical concerns. Some of the parts enveloped by genetic engineering are cloning, modifications of genetic traits, and bioengineering of plants and certain animal to yield better crop and product. Much can be done using genetic engineering. Although we have a potential to harvest and already do see many advantages as a result of this, a deeper issue looms like a cloud on the horizon: are we prepared for the ramifications involved in this concept that has such high potential? At the center of the issue is the perspective of the Church. And it is through human dignity that religion and cloning are linked. Genetic engineering, and, specifically cloning is deeply an issue of dignity. For example, the Catholic Church addressed human cloning in 1987, stating that cloning is contrary to the moral law, since it is in opposition to the dignity "both of human procreation and of the conjugal union" (2). Thus, cloning is contrary to our moral and theological beliefs since the normal reproduction does not take course: life is created through neither marriage nor sexual intercourse. God's plan for us is finding a mate-someone we spend the rest of our life with, have children, pass on our knowledge and genetic material. God's plan is for us to have two biological parents-those whose genetic, physical, and mental information comes together to produce a new, different being. Cloning completely disrupts God's plan. A rather controversial issue, cloning, as most such issues, forces one to take a stand on either moral, ethical, religious, or other grounds. Once faced with such dilemna, various religious movements have had to take such stand, which are rather varied throughout the different faiths. The Catholic Church, for example, has denounced cloning and has specifically called to put a ban on human cloning. "God alone is the master of human life and of its integrity" states Pope John Paul II. "To respect the dignity of man, consequently, amounts to safeguarding this identity of the man "corpore et anima unus," states the Vatican Council II (3). The biological individuality of a person is untouchable, being made of bot... ...f effects. This, in our history, humanity has done many a time. The Church's role has been that of a prophet, warning us that just because we can do something, does not mean we should. References 1. Church of Scotland webpage. http://dspace.dial.pipex.com/srtscot//srtpage3.shtml 2. American Bioethics Advisory Commission. http://www.all.org/abac/clontx06.htm 3. Dangers of Genetic Manipulation. Address by Pope John Paul II to members of the World Medical Association. October 29, 1983. http://listserv.american.edu/catholic/church/papal/jp.ii/genmanip.asc 4. Sophie Boukhai. Religion, genetics and the embryo. UNESCO Courier, Sept 1999. 5. Armstrong, Bruce G. Scientific, Ethical and Biblical Considerations of Genetic Engineering. Central Highlands Christian Publications. 1999. 6. Epstein, Ron. Ethical and Spiritual Issues in Genetic Engineering. Ahimsa Voices: a Quarterly Journal for the Promotion of Universal Values. 5. Oct. 1998. 7. Church blocks GM trial. BBC News Online: UK. August 4, 1999. http://news.bbc.co.uk/low/english/uk/newsid_411000/411509.stm 8. Genetically Modified Organisms. http://www.cofe.anglican.org/view/gmos.rtf

The Female Function In Homer’s Iliad

In the story of Homer's Iliad, the roles of women are clearly drawn. The function, from mortal to immortal is to influence male characters. The main female roles also have the functions of mother, daughter, wives, goddesses, and prizes. Through out this poetic recount of war, telling of battles on the field, and in heaven, of all the varying roles of the female characters, each one can be pared down to influencer of a male, whether god, or mortal. One of the main figures of the Iliad is Helen of Troy. Her function is that of a prize.She is to be won, taken, and the group that has her is the one who wins. There are other instances in which females are used for the sole purpose of prizes, to be bargained or fought for. Towards the beginning of the Iliad, King Agamemnon is so upset that he has to give Chryseis back to her father, Chryses, in order to make Apollo stop attacking his country, that he takes Achillies' â€Å"prize†, Briseis. Later on in the story, when trying to make this up to Achillies to try and get him to save Agamemnon and the rest of the Danaans ships, the role of the woman is again to be used as a prize.King Agamemnon states' â€Å"I have three daughters†¦ let him take the one of his choice, freely and without gifts of wooing,† (Book 9). Even daughters are used as bargaining tools, or prizes by their own fathers. Daughters have different roles in the story, depending on if the daughter is mortal, or immortal. The daughters that are mortal have very little to say about who they are going to marry, or what will happen to them if their city gets â€Å"sacked† and they are to be divided among the fighters as loot.The daughters of the immortals, however, have a much more functioning role, as they are influencer to men and god alike. Minerva, in particular, has a way of getting what she wants from her father Jove. She influences his decisions, so that she can get her own way. Minerva also does as she's told to, and sends infl uential messages down to the men in battle more then once, being the good daughter that she is. Minerva is just one of the goddesses listed in the Iliad, and the functions of the goddesses vary, although, the roles are all influential to a male character in some way.Some of the roles of the goddesses are to be a messenger, like Minerva. Jove's wife, Juno, functions in much the same way as a mortal wife though, when the situation comes to Juno trying to argue a point with her husband, he ends up putting his foot down, and telling her to go sit down and be quiet. This is when they're discussion whether or not the city of Ilius is going to lose in battle. Even as the goddess with the most power over the other goddesses, she still sits down and does what she has been told.After finding out that Juno and Minerva were on their way down to earth to get into the battle, Jove makes the remark, â€Å"I am less surprised and angry with Juno, for whatever I say she always contradicts me,† (Book 8) Though, Homer does point out that just because Juno has done what Jove told to do, does not mean that she is happy about sitting down and being quiet about not wanting the city destroyed. Juno's character also serves in the role of the mother. In this role, she remains very protective over the men that she cares about, and influences them not to fight against each other.This role is shown from the very beginning of the work when she sends Minerva down to earth to stop Achillies and Agamemnon from fighting and killing each other, â€Å"because she cares for both of them so,† (Book 1). Immortal mothers are very protective of their mortal sons, but there is an example of a mortal mother not being so protective. During the battle, Hector runs to find his wife, who is looking down at the battle from the top of a wall, with her nursemaid carrying the baby.She pleads with him not to go back to the fight, stating that if he dies, she would have nothing left to live for. Bo ok 8) This would read that she would kill herself, because of his death, and therefore would not be there to raise her own child. Another female role in this epic is of sister. Juno is not only Jove's wife, but also his sister. The fact that they are related is brought up a few times in the story, when she is called Daughter of Saturn, and Jove being the Son of Saturn. Juno also plays the role of the trickster, as she gets Venus to help her, and Sleep to help her so that she can get Jove to fall asleep. This is detailed about the middle of Book 14.Juno gets Jove to want to have sex with her, and then he falls asleep while holding her. Juno uses her beauty and influence to get Jove to go to sleep. Another sisterly role is played by Althea, Meleager's mother, as the tale tells of her, â€Å"grieving for the death of her brother, prayed the gods,† (Book 9). Of all the influential roles that women play in the Iliad, the most influential would be that of messenger. Iris is depicte d in the role of messenger when she is sent down by Jove to deliver the message to Minerva and Juno that he forbids them to join in the battle.Another major influential messenger is Minerva herself. She is sent down more then once to deliver messages from Jove, and others immortals from heaven. Throughout the story, the functions of the female roles are varied, and are contemporary to their time, during which a man worshiped a female goddess, only to take a young girl from a far away land in order to have more wealth. Most of all, every role can be seen to show that females' influence over society at the time of Homer was great in some respects, yet even goddesses were subservient to the mighty male Jove.The role of the females concerning war was to influence the soldiers, and to be good wives, taking care of the children. And if the city in which the female lived gets â€Å"sacked†, it then becomes the females role to strictly be property. Though the male character that took her may or may not have feelings for her, she is still at best, loot. Daughters played very influential rules, especially the daughters of Jove, whether trying to get their way, or making Jove mad or happy, the role of his daughters was to influence him, and to have him decide what would come of the great battle.

Corporate Finance Essays - 7800 Words

Table of content Executive summary 1.Introduction 4 1.1. Overview of Adelaide Brighton Limited 4 1.1.1. History 4 1.1.2. Industry 4 1.2. Major competitors 5 1.2.1. Boral Limited 5 1.2.2. Fletcher Building Limited 5 1.2.3. Brickwork Limited 5 2.Capital structure 6 2.1. Leverage 6 2.1.1. Current ABC’s leverage 6 2.1.2. Recent history of ABC’s leverage 6 2.2. ABC’s capital expenditures and its financing 9 2.3. Comparison of ABC’s capital structure with similar companies 10 2.4. Characteristics of the company influencing the leverage policy 11 2.4.1. Tax advantage 11 2.4.2. Corporate tax rate 11†¦show more content†¦This report also uses some forecasting technique to evaluate the future position of the company. The discount rate (WACC), which incorporates the risk-free rate and risk factor for individual stock, is the key driver of share prices. The sensitivity analysis shows that the theoretical share price is very sensitive to change in WACC. Thus, slightly changes in WACC will lead to a significant impact on the current stock price. The factors that can take the place of WACC such as market return, the company’s beta, risk free rate, and tax rate should be used to observe the fluctuation of stock price which is WACC forecast. This may indicate that ABC value is currently overvalued since the valuation of the share is slightly lower than the actual share price. In addition, although the value of ABC might increase in the future, share price is changed by the movement of WACC. Therefore, it should not hold the shares in the company. 1. Introduction 1. Overview Adelaide Brighton Ltd is an Australia-based company which engaged in manufacture and distribution of cement, and cementations products, lime, ready mixed concrete, aggregates, sand and concrete products. It’s operate centre is on Birkenhead, a suburb of Adelaide, from where product is shipped to markets around the Australian coast and overseas. 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