Pamantasan NG Lungsod NG Maynila

PAMANTASAN NG LUNGSOD NG MAYNILA
(University of the City of Manila)

Gen. Luna cor. Muralla St., Intramuros, Manila, Philippines
In compliance for the requirements of

Business Statistics with Computer Applications
MBA 610-2
(Graduate School of Management)
Tax Reform for Acceleration and Inclusion:

An analysis on alleviating growth for the poor towards Socio-Economic Development
ñ
Submitted to:
Prof. Kevin Jamir Pigao
By:
Louie Abudugo
Jenny Cañizares
Nemelyn Joy Laguitan
Joel Primavera Jr.
1
Tax Reform for Acceleration and Inclusion: An Analysis on alleviating growth for the poor towards Socio-Economic Development
1.1 INTRODUCTION
1.2 Demographic Profile of the Respondents
1.2.1 Gender
Table 1
Percentage and Frequency Distribution according to Gender
Gender Frequency Percentage (%)
Male
Female
TOTAL
Table 1 illustrates that …

2
1.2.2 Age
Table 2
Percentage and Frequency Distribution according to Age
Age Frequency Percentage (%)

20 - 25 Years Old
26 - 30 Years Old
31 - 35 Years Old
36 Years Old and Above
TOTAL
Table 2 shows that …

3
1.2.3 Civil Status
Table 3
Percentage and Frequency Distribution according to Civil Status
Civil Status Frequency Percentage (%)

Single
Married
Widowed
In a relationship
TOTAL
Table 3 shows that …

4
1.2.4 Educational Attainment
Table 4
Percentage and Frequency Distribution according to
Educational Attainment
Educational Attainment Frequency Percentage (%)

Primary/Secondary
Tertiary Graduate
Post Graduate
Certification/Vocational
TOTAL
Table 4 shows that

5
1.2.5 Monthly Income
Table 5
Monthly Income
Monthly Income Frequency Percentage (%)

Minimum Wage Rate
10,001 to 15,000
15,001 to 20,000
20,001 to 25,000
25,001 and above
TOTAL
Table 5 illustrates that ..

6
1.2.6 Employer
Table 6
Employer
Employer Frequency Percentage (%)

Private
Government
TOTAL
Table 6 shows that

7
2.1 An analysis on making growth for the poor towards Economic Development in
terms of the following:
Table 7
Reduction of Tax Rates
Description N Mean Standard Verbal

Deviation Interpretation
1. The implementation of RA 10963
“TRAIN” will have a significant implication
towards the overall compensation of all
working individuals.
2. Economy arises because lower tax rates
raise the after-tax rewards.
3. It will alleviate the purchasing power of
working individuals that is aligned to its 200
level of consumption.
4. A decrease of tax rates will have an im-
plication on the revenue collected by the
Government that could result to insufficient
resources to be allocated and subsidized to
the other need of the economy.
5. A significant increase of general com-
modities will also increase due to the
changes of tax rates.
OVERALL MEAN
Legend: 4.00-3.51 Strongly Agree, 3.50-2.51 Agree, 2.50-1.51 Disagree, 1.50-1.00 Strongly Disagree
Table 8
8
Investments Allocation

1. The changes of personal tax will in-
crease the amount of funds of the work-
ing individual for future use.
2. Higher investment will be done by the
government thru the tax reform due to
the increase of collected revenue on the
basic necessities.
3. Higher investments in infrastructure,
health, and education for the people 200
4. The people will have the freedom to en-
joy and choose on where to spend and
save the fund that they received from
the TRAIN.
5. Reducing personal tax rates and remov-
ing special tax relief can enhance in-
vestment in various ways.
OVERALL MEAN
9
Table 9
Price Variation

1. The existence of these costs implies that 200
tax reform will only be attractive if it can
be expected to produce offsetting gains
in economic performance both the gov-
ernment and the general public.
2. Higher and more efficient public spend-
ing, underpinned by increased revenue
mobilization, is needed to raise physical
and human capital and sustain inclusive
growth.
3. Focusing on personal income taxation,
there is also evidence that flattening the
tax will have an implication on spending
behavior of an individual.
4. Decrease tax rates do not necessarily
mean higher prices of essential com-
modities generally.
5. Contents in mobile advertisements are
often annoying and disturbing
OVERALL MEAN
10
Table 10
Impact of Tax Reform to Socio-Economic Development

1. Increasing the competitiveness and 200
ease of doing business.
2. Accelerate infrastructure spending with
Public-Private Partnership.
3. Promote Rural Development towards
increasing rural enterprise productivity
or “Rural Tourism”.
4. Promote science and technology to en-
hance innovation and creative capac-
ity.
5. Institute progressive tax reform and
more effective tax collection.
OVERALL MEAN
11
3.1 Impact of Demographic Profile (Gender) on All Indicators
Table 11
Significant difference on Reduction of Taxes according to Gender
Description Gender N F- Sig. Decision on Interpretation
Value HO
1. The Male 200
implementation of RA
10963 “TRAIN” will have a
significant implication
Female
towards the overall
compensation of all
2. Economy arises Male
because lower tax rates
raise the after-tax rewards. Female
3. It will alleviate the Male
purchasing power of
working individuals that is
aligned to its level of Female
consumption.
4. A decrease of tax Male
rates will have an
implication on the revenue
collected by the
Government that could
result to insufficient Female
resources to be allocated
and subsidized to the other
need of the economy.
5. A significant Male
increase of general
commodities will also Female
increase due to the
OVERALL Male
Female
Table 12
12
Significant difference on Investment Allocation according to Gender

Value HO
1. The changes of Male
personal tax will increase
the amount of funds of the Female
working individual for
future use.
2. Higher investment Male
will be done by the
government thru the tax
reform due to the increase
Female
of collected revenue on the
basic necessities.
3. Higher investments Male
in infrastructure, health,
and education for the 200
Female
people.
4. The people will Male
have the freedom to enjoy
and choose on where to
spend and save the fund Female
that they received from the
TRAIN.
5. Reducing personal Male
tax rates and removing
special tax relief can Female
enhance investment in
various ways.
OVERALL Male
Female
13
Table 13
Significant Difference on Price Variation according to Gender

Value HO
1. The existence of Male 200
these costs implies that tax
reform will only be
attractive if it can be
expected to produce Female
offsetting gains in
economic performance
both the government and
the general public.
2. Higher and more Male
efficient public spending,
underpinned by increased
revenue mobilization, is
needed to raise physical Female
and human capital and
sustain inclusive growth.
3. Focusing on Male
personal income taxation,
there is also evidence that
flattening the tax will have Female
an implication on spending
behavior of an individual
4. Decrease tax rates Male

do not necessarily mean
higher prices of essential Female
commodities generally.
5. The public Male

perception of a general
increase on the all
commodities in terms of Female
price is solely relaying on
the changes of tax reform.
OVERALL Male
Female
Table 14
14
Significant difference on Impact of Tax Reform to Socio-Economic Development

according to Gender
F- Decision
Description Gender N Sig. Interpretation
Value on HO
1. Increasing the Male
competitiveness and
ease of doing business Female
2. Accelerate Male
infrastructure spending
with Public-Private
Partnership Female
3. Promote Rural
Development towards Male
increasing rural
200
enterprise productivity or
“Rural Tourism” Female
4. Promote science Male

and technology to
enhance innovation and
creative capacity. Female
5. Institute Male
progressive tax reform
and more effective tax Female
collection.
Male
OVERALL
Female
3.2 Impact of Demographic Profile (Employer) on All Indicators

15
Table 15
Significant difference on reduction of taxes according to Employer
F- Decision
Description Employer N Sig. Interpretation
Value on HO
1. The
implementation of RA Private
10963 “TRAIN” will have
a significant implication
towards the overall
compensation of all Govt
2. Economy arises Private
raise the after-tax
Govt
rewards.
3. It will alleviate
the purchasing power of Private
working individuals that
is aligned to its level of
consumption. Govt 200
4. A decrease of
tax rates will have an
implication on the Private
revenue collected by the
Government that could
result to insufficient
and subsidized to the Govt
other need of the
economy.
5. A significant
increase of general Private
commodities will also
increase due to the Govt
Private
OVERALL
Govt
Table 16
16
Significant Difference on Investment Allocation according to Employer

F- Decision
Value on HO
1. The changes of
Private
the amount of funds of
the working individual for Govt
future use.
2. Higher
investment will be done Private
by the government thru
the tax reform due to the
increase of collected
revenue on the basic Govt
necessities.
3. Higher
investments in Private
infrastructure, health,
200
and education for the Govt
people.
4. The people will
have the freedom to Private
enjoy and choose on
where to spend and save
the fund that they Govt
received from the
TRAIN.
5. Reducing
personal tax rates and Private
removing special tax
relief can enhance
investment in various Govt
ways.
Private
OVERALL
Govt
Table 17
17
Significant Difference on Price Variation according to Employer

F- Decision
Value on HO
1. The existence of
these costs implies that
tax reform will only be Private
expected to produce
offsetting gains in
economic performance Govt
both the government
and the general public.
2. Higher and more
Private
underpinned by
increased revenue
mobilization, is needed
to raise physical and
Govt
human capital and
3. Focusing on
personal income 200
Private
taxation, there is also
evidence that flattening
the tax will have an
implication on spending Govt
behavior of an individual
4. Decrease tax
Private
rates do not necessarily
mean higher prices of
essential commodities Govt
generally.
5. The public
perception of a general Private
increase on the all
commodities in terms of
price is solely relaying
Govt
on the changes of tax
reform.
Private
OVERALL
Govt
Table 18
18
Significant Difference on Impact of Tax Reform to Socio-economic Development

according to Employer
F- Decision
Value on HO
1. Increasing the Private
competitiveness and
ease of doing business Govt
2. Accelerate Private
with Public-Private
Partnership Govt
3. Promote Rural
Development towards Private
increasing rural
200
enterprise productivity or
“Rural Tourism” Govt
4. Promote science Private

and technology to
enhance innovation and
creative capacity. Govt
5. Institute Private
and more effective tax
Govt
collection.
Private
OVERALL
Govt
3.3 Impact of Demographic Profile (Age) on All Indicators

19
Table 19
Significant Difference on Reduction of Taxes according to Age
F- Decision
Description Age N Sig. Interpretation
Value on HO
20-25
Years
Old
1. The 26-30
implementation of RA Years
10963 “TRAIN” will have a Old
significant implication 31-35
towards the overall
Years
compensation of all Old
36-Years
Old and
Above
20-25
Years
Old
26-30
Years
2. Economy arises
Old
31-35
raise the after-tax rewards.
Years
Old
36-Years
Old and 200
Above
20-25
Years
Old
26-30
3. It will alleviate the Years
purchasing power of Old
working individuals that is 31-35
aligned to its level of Years
consumption. Old
36-Years
Old and
Above
4. A decrease of tax 20-25
rates will have an Years
implication on the revenue Old
collected by the 26-30
Government that could Years
result to insufficient Old
resources to be allocated 31-35
and subsidized to the other Years
need of the economy. Old
20
36-Years
Old and
Above
20-25
Years
Old
26-30
5. A significant Years
increase of general Old
31-35
increase due to the
Years
Old
36-Years
Old and
Above
20-25
Years
Old
26-30
Years
Old
OVERALL
31-35
Years
Old
36-Years
Old and
Above
Table 20
Significant Difference on Investment Allocation according to Age
21
F- Decision
Value on HO
20-25
Years
Old
26-30
1. The changes of Years
personal tax will increase Old
the amount of funds of the 31-35
working individual for Years
future use. Old
36-Years
Old and
Above
20-25
Years
Old
2. Higher investment 26-30
will be done by the Years
government thru the tax Old
reform due to the increase 31-35
of collected revenue on the Years
basic necessities. Old
36-Years
Old and
Above
20-25 200
Years
Old
26-30
3. Higher investments Years
in infrastructure, health, Old
and education for the 31-35
people. Years
Old
36-Years
Old and
Above
20-25
Years
Old
4. The people will 26-30
have the freedom to enjoy Years
and choose on where to Old
spend and save the fund 31-35
that they received from the Years
TRAIN. Old
36-Years
Old and
Above
22
20-25
Years
Old
26-30
5. Reducing personal Years
tax rates and removing Old
special tax relief can 31-35
enhance investment in Years
various ways.
Old
36-Years
Old and
Above
20-25
Years
Old
26-30
Years
Old
OVERALL 31-35
Years
Old
36-
Years
Old and
Above
Table 21
Significant Difference on price variation according to Age
23
F- Decision
Value on HO
20-25
Years
1. The existence of Old
these costs implies that tax 26-30
reform will only be Years
attractive if it can be Old
expected to produce 31-35
offsetting gains in Years
economic performance Old
both the government and
the general public. 36-Years
Old and
Above
20-25
Years
Old
2. Higher and more 26-30
efficient public spending, Years
underpinned by increased Old
31-35
needed to raise physical
Years
Old
36-Years
Old and
Above 200
20-25
Years
Old
3. Focusing on 26-30
personal income taxation, Years
there is also evidence that Old
flattening the tax will have 31-35
an implication on spending Years
behavior of an individual Old
36-Years
Old and
Above
20-25
Years
Old
26-30
4. Decrease tax rates Years
do not necessarily mean Old
higher prices of essential 31-35
commodities generally. Years
Old
36-Years
Old and
Above
24
20-25
Years
Old
5. The public 26-30
perception of a general Years
increase on the all Old
commodities in terms of 31-35
price is solely relaying on Years
the changes of tax reform. Old
36-Years
Old and
Above
20-25
Years
Old
26-30
Years
Old
OVERALL 31-35
Years
Old
36-
Years
Old and
Above
Table 22
Significant Difference on Impact of Tax Reform to Socio-Economic Development
according to Age
25
F- Decision
Value on HO
20-25
Years
Old
26-30
Years
1. Increasing the Old
competitiveness and ease
31-35
of doing business
Years
Old
36-Years
Old and
Above
20-25
Years
Old
26-30
2. Accelerate Years
infrastructure spending Old
with Public-Private 31-35
Partnership Years
Old
36-Years
Old and
Above
200
20-25
Years
Old
26-30
3. Promote Rural Years
Development towards Old
increasing rural enterprise
31-35
productivity or “Rural
Years
Tourism”
Old
36-Years
Old and
Above
20-25
Years
Old
26-30
4. Promote science Years
and technology to enhance Old
innovation and creative 31-35
capacity. Years
Old
36-Years
Old and
Above
26
20-25
Years
Old
26-30
5. Institute Years
progressive tax reform and Old
more effective tax 31-35
collection. Years
Old
36-Years
Old and
Above
20-25
Years
Old
26-30
Years
Old
OVERALL 31-35
Years
Old
36-
Years
Old and
Above
3.4 Impact of Demographic Profile (Civil Status) on All Indicators
Table 23
27
Significant Difference on Reduction of Taxes according to Civil Status

F- Decision
Description Civil Status N Sig. Interpretation
Value on HO
1. The Single
implementation of RA
10963 “TRAIN” will have a Married
towards the overall Widowed
compensation of all In a
working individuals. relationship
Single
2. Economy arises Married
raise the after-tax Widowed
rewards. In a
relationship
3. It will alleviate the Single
purchasing power of Married
working individuals that is Widowed
aligned to its level of In a 200
consumption. relationship
4. A decrease of tax Single
rates will have an
implication on the revenue Married
collected by the
Government that could Widowed
result to insufficient
and subsidized to the In a
other need of the relationship
economy.
5. A significant Single
increase of general Married
commodities will also Widowed
increase due to the In a
changes of tax rates. relationship
Single
Married
OVERALL Widowed
In a
relationship
Table 24
Significant Difference on Investment Allocation according to Civil Status
28
F- Decision
Value on HO
1. The changes of Single
personal tax will increase Married
the amount of funds of the Widowed
working individual for In a
future use. relationship
2. Higher investment Single
will be done by the Married
government thru the tax Widowed
reform due to the increase
of collected revenue on In a
the basic necessities. relationship
Single
3. Higher Married
investments in 200
infrastructure, health, and Widowed
education for the people. In a
relationship
4. The people will Single
have the freedom to enjoy Married
and choose on where to Widowed
spend and save the fund
that they received from In a
the TRAIN. relationship
5. Reducing Single
personal tax rates and Married
removing special tax relief Widowed
can enhance investment In a
in various ways. relationship
Single
Married
OVERALL Widowed
In a
relationship
Table 25
Significant Difference on Price Variation according to Civil Status
29
F- Decision
Value on HO
1. The existence of
these costs implies that Single
tax reform will only be
attractive if it can be Married
expected to produce
offsetting gains in Widowed
both the government and In a
the general public. relationship
2. Higher and more Single

underpinned by increased Married
needed to raise physical Widowed
sustain inclusive growth. In a
relationship
3. Focusing on Single 200
personal income taxation,
there is also evidence that Married
flattening the tax will have Widowed
an implication on
spending behavior of an In a
individual relationship
Single
4. Decrease tax rates Married
higher prices of essential Widowed
commodities generally. In a
relationship
5. The public Single
perception of a general Married
increase on the all Widowed
price is solely relaying on In a
the changes of tax reform. relationship
Single
Married
OVERALL Widowed
In a
relationship
Table 26
30

according to Civil Status
F- Decision
Value on HO
Single
1. Increasing the Married
competitiveness and ease Widowed
of doing business In a
relationship
Single
2. Accelerate Married
with Public-Private Widowed
Partnership In a
relationship
3. Promote Rural Single
Development towards Married
increasing rural enterprise Widowed 200
productivity or “Rural In a
Tourism” relationship
Single
4. Promote science Married
and technology to
enhance innovation and Widowed
creative capacity. In a
relationship
Single
5. Institute Married
and more effective tax Widowed
collection. In a
relationship
Single
Married
OVERALL Widowed
In a
relationship
3.5 Impact of Demographic Profile (Educational Attainment) on All Indicators

31
Table 27
Significant Difference on Reduction of Taxes according to Educational Attainment
Educational F- Decision
Description N Sig. Interpretation
Attainment Value on HO
Primary/
1. The Secondary
implementation of RA Tertiary
10963 “TRAIN” will have Graduate
a significant implication
towards the overall Post
compensation of all Graduate
working individuals. Certification/
Vocational
Primary/
Secondary
2. Economy Tertiary
arises because lower tax Graduate
rates raise the after-tax Post
rewards. Graduate
Certification/
Vocational
Primary/
Secondary
3. It will alleviate Tertiary
the purchasing power of Graduate
working individuals that
is aligned to its level of Post 200
consumption. Graduate
Certification/
Vocational
4. A decrease of Primary/
tax rates will have an Secondary
implication on the Tertiary
revenue collected by the Graduate
Government that could Post
result to insufficient Graduate
resources to be
allocated and subsidized Certification/
to the other need of the Vocational
economy.
Primary/
Secondary
5. A significant Tertiary
increase of general Graduate
increase due to the Post
changes of tax rates. Graduate
Certification/
Vocational
Primary/
OVERALL
Secondary
32
Tertiary
Graduate
Post
Graduate
Certification/
Vocational
Table 28
Significant Difference on Investment Allocation according to Educational
Attainment
Primary/
Secondary
1. The changes of Tertiary
personal tax will Graduate
increase the amount of
funds of the working Post
200
individual for future use. Graduate
Certification/
Vocational
2. Higher Primary/
investment will be done Secondary
33
by the government thru Tertiary

the tax reform due to the Graduate
increase of collected Post
revenue on the basic Graduate
necessities.
Certification/
Vocational
Primary/
Secondary
3. Higher Tertiary
investments in Graduate
infrastructure, health,
and education for the Post
people. Graduate
Certification/
Vocational
Primary/
4. The people will Secondary
have the freedom to Tertiary
enjoy and choose on Graduate
where to spend and
save the fund that they Post
received from the Graduate
TRAIN. Certification/
Vocational
Primary/
5. Reducing Secondary
personal tax rates and Tertiary
removing special tax Graduate
relief can enhance Post
investment in various Graduate
ways. Certification/
Vocational
Primary/
Secondary
Tertiary
Graduate
OVERALL
Post
Graduate
Certification/
Vocational
Table 29
Significant Difference on Price Variation according to Educational Attainment
34
1. The existence of Primary/
these costs implies that Secondary
tax reform will only be Tertiary
attractive if it can be Graduate
expected to produce Post
offsetting gains in Graduate
both the government Certification/
and the general public. Vocational
2. Higher and more Primary/

efficient public Secondary
spending, underpinned Tertiary
by increased revenue Graduate
mobilization, is needed Post
to raise physical and Graduate
human capital and Certification/
sustain inclusive growth. Vocational
Primary/
3. Focusing on Secondary
personal income Tertiary
taxation, there is also Graduate 200
evidence that flattening
the tax will have an Post
implication on spending Graduate
behavior of an individual Certification/
Vocational
Primary/
Secondary
4. Decrease tax Tertiary
rates do not necessarily Graduate
mean higher prices of
essential commodities Post
generally. Graduate
Certification/
Vocational
Primary/
5. The public Secondary
perception of a general Tertiary
increase on the all Graduate
price is solely relaying Post
on the changes of tax Graduate
reform. Certification/
Vocational
Primary/
Secondary
Tertiary
OVERALL
Graduate
Post
Graduate
35
Certification/
Vocational
Table 30
according to Educational Attainment
Primary/
Secondary
Tertiary
1. Increasing the Graduate
competitiveness and
ease of doing business Post
Graduate
200
Certification/
Vocational
2. Accelerate Primary/
infrastructure spending Secondary
with Public-Private Tertiary
Partnership Graduate
36
Post
Graduate
Certification/
Vocational
Primary/
Secondary
3. Promote Rural Tertiary
Development towards Graduate
increasing rural
enterprise productivity or Post
“Rural Tourism” Graduate
Certification/
Vocational
Primary/
Secondary
4. Promote science Tertiary
and technology to Graduate
enhance innovation and Post
creative capacity. Graduate
Certification/
Vocational
Primary/
Secondary
5. Institute Tertiary
progressive tax reform Graduate
and more effective tax Post
collection. Graduate
Certification/
Vocational
Primary/
Secondary
Tertiary
Graduate
OVERALL
Post
Graduate
Certification/
Vocational
3.6 Impact of Demographic Profile (Monthly Income) on All Indicators
Table 31
Significant Difference on Reduction of Taxes according to Monthly Income
37
Monthly F- Decision
Income Value on HO
Minimum
Wage Rate
1. The 10,001 to
implementation of RA 15,000
10963 “TRAIN” will have a
15,001 to
20,000
towards the overall
compensation of all 20,001 to
working individuals. 25,000
25,001 and
above
Minimum
Wage Rate
10,001 to
2. Economy arises 15,000
because lower tax rates 15,001 to
raise the after-tax 20,000
rewards. 20,001 to
25,000
25,001 and
above
Minimum
Wage Rate
10,001 to
3. It will alleviate the 200
15,000
purchasing power of
15,001 to
working individuals that is
20,000
aligned to its level of
consumption. 20,001 to
25,000
25,001 and
above
4. A decrease of tax Minimum
rates will have an Wage Rate
implication on the revenue 10,001 to
collected by the 15,000
Government that could 15,001 to
result to insufficient 20,000
resources to be allocated 20,001 to
and subsidized to the 25,000
other need of the 25,001 and
economy. above
Minimum
5. A significant Wage Rate
increase of general
10,001 to
15,000
increase due to the
changes of tax rates. 15,001 to
20,000
38
20,001 to
25,000
25,001 and
above
Minimum
Wage
Rate
10,001 to
15,000
OVERALL 15,001 to
20,000
20,001 to
25,000
25,001
and above
Table 32
Significant Difference on Investment Allocation according to Monthly Income
Monthly F- Decision
Income Value on HO
Minimum
Wage Rate
10,001 to
1. The changes of 15,000
15,001 to
the amount of funds of the
20,000
working individual for
future use. 20,001 to
25,000
25,001 and
above
Minimum
Wage Rate 200
2. Higher investment 10,001 to
will be done by the 15,000
government thru the tax 15,001 to
reform due to the increase 20,000
of collected revenue on 20,001 to
the basic necessities. 25,000
25,001 and
above
3. Higher investments Minimum
in infrastructure, health, Wage Rate
39
and education for

the 10,001 to
people. 15,000
15,001 to
20,000
20,001 to
25,000
25,001 and
above
Minimum
Wage Rate
4. The people will 10,001 to
have the freedom to enjoy 15,000
and choose on where to 15,001 to
spend and save the fund 20,000
that they received from the 20,001 to
TRAIN. 25,000
25,001 and
above
Minimum
Wage Rate
10,001 to
5. Reducing personal 15,000
tax rates and removing
15,001 to
special tax relief can
20,000
enhance investment in
various ways. 20,001 to
25,000
25,001 and
above
Minimum
Wage
Rate
10,001 to
15,000
OVERALL 15,001 to
20,000
20,001 to
25,000
25,001
and above
Table 33
Significant Difference on Price Variation according to Monthly Income
40
Monthly F- Decision
Income Value on HO
Minimum
Wage
1. The existence of Rate
these costs implies that
10,001 to
tax reform will only be
15,000
expected to produce 15,001 to
offsetting gains in 20,000
economic performance 20,001 to
both the government and 25,000
the general public. 25,001
and above
Minimum
Wage
2. Higher and more Rate
efficient public spending, 10,001 to
underpinned by increased 15,000
revenue mobilization, is 15,001 to
needed to raise physical 20,000
and human capital and 20,001 to
sustain inclusive growth. 25,000
25,001
and above
Minimum
Wage 200
3. Focusing on Rate
personal income taxation, 10,001 to
there is also evidence that 15,000
flattening the tax will have 15,001 to
an implication on 20,000
spending behavior of an 20,001 to
individual 25,000
25,001
and above
Minimum
Wage
Rate
10,001 to
4. Decrease tax rates 15,000
15,001 to
higher prices of essential
20,000
commodities generally.
20,001 to
25,000
25,001
and above
5. The public Minimum
perception of a general Wage
increase on the all Rate
41
commodities in terms of 10,001 to

price is solely relaying on 15,000
the changes of tax reform. 15,001 to
20,000
20,001 to
25,000
25,001
and above
Minmum
Wage
Rate
10,001 to
15,000
OVERALL 15,001 to
20,000
20,001 to
25,000
25,001
and above
Table 34
Significant Difference on Impact of Tax Reform to Socio-Econommic Development
according to Monthly Income
Monthly F- Decision
Income Value on HO
Minimum
Wage Rate
10,001 to
15,000
1. Increasing the
15,001 to
competitiveness and ease
20,000
of doing business
20,001 to
25,000
25,001 and
200
above
Minimum
Wage Rate
2. Accelerate 10,001 to
infrastructure spending 15,000
with Public-Private 15,001 to
Partnership 20,000
20,001 to
25,000
42
25,001 and
above
Minimum
Wage Rate
10,001 to
3. Promote Rural 15,000
Development towards
15,001 to
increasing rural enterprise
20,000
productivity or “Rural
Tourism” 20,001 to
25,000
25,001 and
above
Minimum
Wage Rate
10,001 to
4. Promote science 15,000
and technology to 15,001 to
enhance innovation and 20,000
creative capacity. 20,001 to
25,000
25,001 and
above
Minimum
Wage Rate
10,001 to
5. Institute 15,000
progressive tax reform 15,001 to
and more effective tax 20,000
collection. 20,001 to
25,000
25,001 and
above
Minimum
Wage
Rate
10,001 to
15,000
OVERALL 15,001 to
20,000
20,001 to
25,000
25,001
and above
4.1 Relationship of Tax Reform to Reduction of Tax Rates

Table 35
43
Impact of Tax Reform to Socio-economic Development & Reduction of Tax Rates

Sig.
Pearson Decision
Predictors (2- Interpretation
Correlation on HO
Tailed)
Impact of Tax
Reform to Socio-
economic
Development
Reduction of
Tax Rates
4.2 Relationship of Tax Reform to Investment Allocation

Table 36
Impact of Tax Reform to Socio-economic Development & Investment Allocation
Sig.
Pearson Decision
Correlation on HO
Tailed)
Impact of Tax
Reform to Socio-
economic
Development
Investment
Allocation
4.3 Relationship of Tax Reform to Price Variation

44
Table 37
Impact of Tax Reform to Socio-economic Development & Price Variation
Sig.
Pearson Decision
Correlation on HO
Tailed)
Impact of Tax
Reform to Socio-
economic
Development
Price Variation
5.1 Relationship of Impact of Tax Reform to Socio-economic Development to

Customer Price Index
Table 38
Pearson Sig. Decision

Predictors Interpretation
Correlation (2-Tailed) on HO
Impact of Tax Reform to So-
cio-economic Development
CPI
**. Correlation is significant at the 0.01 level (2-

tailed).
*. Correlation is significant at the 0.05 level (2-
tailed).
c. Cannot be computed because at least one of
the variables is constant.
5.2 Relationship of Impact of Tax Reform to Socio-economic Development to

Inflation Rate and GDP
Table 39
45
Sig.
Pearson Decision
Correlation on HO
Tailed)
Impact of Tax Re-
form to Socio-eco-
nomic Development
Inflation Rate
**. Correlation is significant at the 0.01 level (2-

tailed).
*. Correlation is significant at the 0.05 level (2-
tailed).
c. Cannot be computed because at least one of
the variables is constant.
6.1 Regression Analysis
Table 40
Gross Domestic Product (GDP) and Inflation Rate
Sig. Durbin
Predictor RSquare
Watson
Inflation Rate
Table 41
Gross Domestic Product (GDP) and Consumer Price Index (CPI)
46
Sig. Durbin
Predictor RSquare
Watson
Consumer Price
.947 .000b 3.015
Index (CPI)

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Pamantasan NG Lungsod NG Maynila

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PAMANTASAN NG LUNGSOD NG MAYNILA

(University of the City of Manila)

In compliance for the requirements of

Tax Reform for Acceleration and Inclusion:

1.2 Demographic Profile of the Respondents

Gender Frequency Percentage (%)

Table 1 illustrates that …

Age Frequency Percentage (%)

Table 2 shows that …

1.2.3 Civil Status

Civil Status Frequency Percentage (%)

Table 3 shows that …

1.2.4 Educational Attainment

Educational Attainment Frequency Percentage (%)

Table 4 shows that

1.2.5 Monthly Income

Monthly Income Frequency Percentage (%)

Table 5 illustrates that ..

Employer Frequency Percentage (%)

Table 6 shows that

Description N Mean Standard Verbal

Description N Mean Standard Verbal

Description N Mean Standard Verbal

Description N Mean Standard Verbal

3.1 Impact of Demographic Profile (Gender) on All Indicators

Significant difference on Investment Allocation according to Gender

Description Gender N F- Sig. Decision on Interpretation

4. Decrease tax rates Male

5. The public Male

Significant difference on Impact of Tax Reform to Socio-Economic Development

4. Promote science Male

3.2 Impact of Demographic Profile (Employer) on All Indicators

Significant Difference on Investment Allocation according to Employer

Significant Difference on Price Variation according to Employer

Significant Difference on Impact of Tax Reform to Socio-economic Development

4. Promote science Private

3.3 Impact of Demographic Profile (Age) on All Indicators

3.4 Impact of Demographic Profile (Civil Status) on All Indicators

Significant Difference on Reduction of Taxes according to Civil Status

2. Higher and more Single

Significant Difference on Impact of Tax Reform to Socio-Economic Development

3.5 Impact of Demographic Profile (Educational Attainment) on All Indicators

by the government thru Tertiary

2. Higher and more Primary/

3.6 Impact of Demographic Profile (Monthly Income) on All Indicators

and education for

commodities in terms of 10,001 to

4.1 Relationship of Tax Reform to Reduction of Tax Rates

Impact of Tax Reform to Socio-economic Development & Reduction of Tax Rates

4.2 Relationship of Tax Reform to Investment Allocation

4.3 Relationship of Tax Reform to Price Variation

5.1 Relationship of Impact of Tax Reform to Socio-economic Development to

Pearson Sig. Decision

**. Correlation is significant at the 0.01 level (2-

5.2 Relationship of Impact of Tax Reform to Socio-economic Development to

**. Correlation is significant at the 0.01 level (2-

6.1 Regression Analysis

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