Genato, Hahns Anthony Marasigan, Michael Ian Paras, Gabrielle Ms. Kristine Marie Reynaldo English 10 WFY 27 November 2015 Abstract In lieu of the current transition and globalization of the Philippine education system, most of the budget allotted for it is concentrated on implementing the Enhanced Basic Education Act of 2013 also known as the K-to-12 program. As a result, higher education has taken a backseat. The budget allotted for it is much lower than what it needs to be considering its significance to developing society and the need to improve its quality as well as make it more accessible to all Filipinos. In this paper, methods to remedy the neglect of higher education are given and these methods are primarily anchored on increasing the budget for it. This may be done through the revision of the General Appropriation Act in which lump-sums or PDAF-like allotments can instead be given to the Commission on Higher Education to improve the accessibility and quality of tertiary education. Also, in line with this, the individual and corporate tax rates must be maintained and not decreased to provide enough funds to be allocated as this would handicap the already detrimental budget allocation of the country. Instead, a revitalization of the current bracketing system of tax collection must be insured to update taxpayers respective bracket rates to todays economic setting while still guaranteeing adequate revenue for higher education and other social services.
Clarify the taxes part: if it should be slashed/or reviewed or wat ba talaga