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As much as possible, the government should purchase brand new military hardware if it really wants to modernize the Armed Forces of the Philippines (… - Francis Escudero
" "As much as possible, the government should purchase brand new military hardware if it really wants to modernize the Armed Forces of the Philippines (AFP), which is widely regarded as one of the weakest military forces in Southeast Asia. If we are going to pour in billions of pesos to improve the AFP, we might as well give our soldiers the best modern and sophisticated equipment we can get.
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About Francis Escudero
Francis Escudero (born October 10, 1969) is a Filipino politician.
Also Known As
Alternative Names:
Chiz Escudero
•
Francis Joseph G. Escudero
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McKinsey and Company has a new study that shows that the persistent gap in academic achievement between children in the United States and their counterparts in other countries deprived the U.S. economy of as much as $2.3 trillion in economic output in 2008 alone. Can we imagine how much that academic gap has cost us in potential income?
We should consider lowering our income tax rates to equal Hongkong or Vietnam or Thailand. One of the major reasons why many locators do not like the Philippines is because they would have to pay their executives more takeout to equalize take home pay. For example, Hongkong has a tax rate of 17% while our marginal income tax rate is 32%.
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