June 26, 2018, 12:44 am
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1 Philippine Peso = 0.06901 UAE Dirham
1 Philippine Peso = 2.02912 Albanian Lek
1 Philippine Peso = 0.03401 Neth Antilles Guilder
1 Philippine Peso = 0.5072 Argentine Peso
1 Philippine Peso = 0.02524 Australian Dollar
1 Philippine Peso = 0.03345 Aruba Florin
1 Philippine Peso = 0.03758 Barbados Dollar
1 Philippine Peso = 1.57159 Bangladesh Taka
1 Philippine Peso = 0.03155 Bulgarian Lev
1 Philippine Peso = 0.00712 Bahraini Dinar
1 Philippine Peso = 32.90079 Burundi Franc
1 Philippine Peso = 0.01879 Bermuda Dollar
1 Philippine Peso = 0.02526 Brunei Dollar
1 Philippine Peso = 0.1289 Bolivian Boliviano
1 Philippine Peso = 0.07111 Brazilian Real
1 Philippine Peso = 0.01879 Bahamian Dollar
1 Philippine Peso = 1.28053 Bhutan Ngultrum
1 Philippine Peso = 0.19402 Botswana Pula
1 Philippine Peso = 376.17437 Belarus Ruble
1 Philippine Peso = 0.03754 Belize Dollar
1 Philippine Peso = 0.02493 Canadian Dollar
1 Philippine Peso = 0.01856 Swiss Franc
1 Philippine Peso = 11.99061 Chilean Peso
1 Philippine Peso = 0.12218 Chinese Yuan
1 Philippine Peso = 54.75385 Colombian Peso
1 Philippine Peso = 10.57591 Costa Rica Colon
1 Philippine Peso = 0.01879 Cuban Peso
1 Philippine Peso = 1.77772 Cape Verde Escudo
1 Philippine Peso = 0.41526 Czech Koruna
1 Philippine Peso = 3.33615 Djibouti Franc
1 Philippine Peso = 0.12016 Danish Krone
1 Philippine Peso = 0.92728 Dominican Peso
1 Philippine Peso = 2.1963 Algerian Dinar
1 Philippine Peso = 0.25225 Estonian Kroon
1 Philippine Peso = 0.33484 Egyptian Pound
1 Philippine Peso = 0.51146 Ethiopian Birr
1 Philippine Peso = 0.01612 Euro
1 Philippine Peso = 0.03918 Fiji Dollar
1 Philippine Peso = 0.01416 Falkland Islands Pound
1 Philippine Peso = 0.01417 British Pound
1 Philippine Peso = 0.08979 Ghanaian Cedi
1 Philippine Peso = 0.87956 Gambian Dalasi
1 Philippine Peso = 169.07178 Guinea Franc
1 Philippine Peso = 0.14072 Guatemala Quetzal
1 Philippine Peso = 3.87599 Guyana Dollar
1 Philippine Peso = 0.14741 Hong Kong Dollar
1 Philippine Peso = 0.44878 Honduras Lempira
1 Philippine Peso = 0.11882 Croatian Kuna
1 Philippine Peso = 1.24803 Haiti Gourde
1 Philippine Peso = 5.23224 Hungarian Forint
1 Philippine Peso = 264.43067 Indonesian Rupiah
1 Philippine Peso = 0.06764 Israeli Shekel
1 Philippine Peso = 1.27568 Indian Rupee
1 Philippine Peso = 22.24728 Iraqi Dinar
1 Philippine Peso = 798.38407 Iran Rial
1 Philippine Peso = 2.03119 Iceland Krona
1 Philippine Peso = 2.45509 Jamaican Dollar
1 Philippine Peso = 0.01333 Jordanian Dinar
1 Philippine Peso = 2.06417 Japanese Yen
1 Philippine Peso = 1.89121 Kenyan Shilling
1 Philippine Peso = 1.28183 Kyrgyzstan Som
1 Philippine Peso = 76.00526 Cambodia Riel
1 Philippine Peso = 7.92522 Comoros Franc
1 Philippine Peso = 16.91094 North Korean Won
1 Philippine Peso = 20.86622 Korean Won
1 Philippine Peso = 0.00568 Kuwaiti Dinar
1 Philippine Peso = 0.01541 Cayman Islands Dollar
1 Philippine Peso = 6.38595 Kazakhstan Tenge
1 Philippine Peso = 158.00451 Lao Kip
1 Philippine Peso = 28.292 Lebanese Pound
1 Philippine Peso = 2.98572 Sri Lanka Rupee
1 Philippine Peso = 2.74709 Liberian Dollar
1 Philippine Peso = 0.25254 Lesotho Loti
1 Philippine Peso = 0.05728 Lithuanian Lita
1 Philippine Peso = 0.01166 Latvian Lat
1 Philippine Peso = 0.02548 Libyan Dinar
1 Philippine Peso = 0.1786 Moroccan Dirham
1 Philippine Peso = 0.3177 Moldovan Leu
1 Philippine Peso = 0.98891 Macedonian Denar
1 Philippine Peso = 25.98647 Myanmar Kyat
1 Philippine Peso = 45.97896 Mongolian Tugrik
1 Philippine Peso = 0.15183 Macau Pataca
1 Philippine Peso = 6.67042 Mauritania Ougulya
1 Philippine Peso = 0.65295 Mauritius Rupee
1 Philippine Peso = 0.29256 Maldives Rufiyaa
1 Philippine Peso = 13.4053 Malawi Kwacha
1 Philippine Peso = 0.37584 Mexican Peso
1 Philippine Peso = 0.07518 Malaysian Ringgit
1 Philippine Peso = 0.25239 Namibian Dollar
1 Philippine Peso = 6.72679 Nigerian Naira
1 Philippine Peso = 0.59207 Nicaragua Cordoba
1 Philippine Peso = 0.15205 Norwegian Krone
1 Philippine Peso = 2.03401 Nepalese Rupee
1 Philippine Peso = 0.02719 New Zealand Dollar
1 Philippine Peso = 0.00723 Omani Rial
1 Philippine Peso = 0.01879 Panama Balboa
1 Philippine Peso = 0.06134 Peruvian Nuevo Sol
1 Philippine Peso = 0.0609 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.28222 Pakistani Rupee
1 Philippine Peso = 0.06966 Polish Zloty
1 Philippine Peso = 106.55769 Paraguayan Guarani
1 Philippine Peso = 0.06839 Qatar Rial
1 Philippine Peso = 0.07509 Romanian New Leu
1 Philippine Peso = 1.18236 Russian Rouble
1 Philippine Peso = 15.96073 Rwanda Franc
1 Philippine Peso = 0.07046 Saudi Arabian Riyal
1 Philippine Peso = 0.1479 Solomon Islands Dollar
1 Philippine Peso = 0.25235 Seychelles Rupee
1 Philippine Peso = 0.33738 Sudanese Pound
1 Philippine Peso = 0.16635 Swedish Krona
1 Philippine Peso = 0.02551 Singapore Dollar
1 Philippine Peso = 0.01417 St Helena Pound
1 Philippine Peso = 0.41725 Slovak Koruna
1 Philippine Peso = 149.94363 Sierra Leone Leone
1 Philippine Peso = 10.72905 Somali Shilling
1 Philippine Peso = 394.98309 Sao Tome Dobra
1 Philippine Peso = 0.16441 El Salvador Colon
1 Philippine Peso = 9.67644 Syrian Pound
1 Philippine Peso = 0.25202 Swaziland Lilageni
1 Philippine Peso = 0.61856 Thai Baht
1 Philippine Peso = 0.04882 Tunisian Dinar
1 Philippine Peso = 0.04333 Tongan paʻanga
1 Philippine Peso = 0.08786 Turkish Lira
1 Philippine Peso = 0.12682 Trinidad Tobago Dollar
1 Philippine Peso = 0.56924 Taiwan Dollar
1 Philippine Peso = 42.63435 Tanzanian Shilling
1 Philippine Peso = 0.49267 Ukraine Hryvnia
1 Philippine Peso = 72.51597 Ugandan Shilling
1 Philippine Peso = 0.01879 United States Dollar
1 Philippine Peso = 0.59451 Uruguayan New Peso
1 Philippine Peso = 147.50094 Uzbekistan Sum
1 Philippine Peso = 1499.4363 Venezuelan Bolivar
1 Philippine Peso = 430.10147 Vietnam Dong
1 Philippine Peso = 2.07159 Vanuatu Vatu
1 Philippine Peso = 0.0488 Samoa Tala
1 Philippine Peso = 10.56614 CFA Franc (BEAC)
1 Philippine Peso = 0.05073 East Caribbean Dollar
1 Philippine Peso = 10.56614 CFA Franc (BCEAO)
1 Philippine Peso = 1.92165 Pacific Franc
1 Philippine Peso = 4.69466 Yemen Riyal
1 Philippine Peso = 0.25241 South African Rand
1 Philippine Peso = 97.51033 Zambian Kwacha
1 Philippine Peso = 6.80008 Zimbabwe dollar

Cigarettes, solons and carcinogens

It isn’t that our lawmakers do not know how to count. There are signs some do. Scandals show they can be so exceptionally gifted when an amount involves millions in pork barrel allocations.

Private lobby money, when introduced into the legislative process likewise catalyzes arithmetical abilities. Beyond the intellectual capacities of a solon, lobbyists can fill in the gaps.

The politics of addition turns into mathematics and solons can quickly crunch factorials and infinite numbers. Their cranial facility expands and fills in previously hollow echo chambers. Eyes glow when peso signs and plus ultras prefix numbers. Addition is quickly replaced by multiplication and its inverse, division, becomes the least useful operation.

And it isn’t just money. Solons can multiply an electoral count beyond  a finite number of voters. 

Note also their use of exponents. Gerrymandering, the dismemberment of congressional districts, creates larger bureaucracies multiplying redundant costs, expenses and, yes, pork barrel allocations.

There is one number, however, a lawmaker’s mind cannot seem to grasp. It is 150,000. 

150,000 is larger than 747, the number of deaths from the Ondoy calamity that had cost P23 billion. 

150,000 is larger than 6,300, the government’s maximum count of fatalities from the Yolanda crisis. 

150,000 is over a hundred times larger than 1,144, the number killed in Marawi whose cost now exceeds P 3 billion. 

From these crises, the fatalities total 8,191.

Match that against 150,000, the number of Filipinos who die from tobacco-related diseases yearly. That’s Ondoy, Yolanda and Marawi inflicted 18 times a year.

Now let’s count the costs of smoking. One published estimate of the yearly cost to the Philippine economy is P400,000,000,000,000.  Indulge us the long form to emphasize the number of zeroes. For lawmakers who cannot count to 16 with 10r ten fingers, that’s P400 billion. 

While it is not a rule of thumb, historically the costs relative to the revenues earned are, at least, 520 percent higher. Since total revenues are determinable from sectoral data on taxes paid by the industry, ceteris paribus, historical ratios allow us to compute for the costs. 

Another method is to count the individual costs of the fatal diseases directly attributable to smoking. From simply four -- chronic obstructive pulmonary disease, heart attack, stroke and lung cancer -- the attributable costs totaled as much as P210 billion in 2016. Add the 42 other diseases smoking directly causes and the total cost can reach from P 400 billion to P1 trillion.

These are not unaudited numbers like lobby money spent on solons who deliberately disregarded deadly costs and thumbed down incremental taxes on tobacco.

Inversely the billions the economy spends against the taxes paid by the tobacco companies are not imaginary numbers. These measure the greed of those who legislate into their pockets, allotting pork barrel funds that steal away from legitimate uses. 

The billions the economy spends to medicate a carcinogen-consuming public and fund tobacco companies who pay less taxes than are spent by those stricken ill and die are real. As real as the majority of lawmakers opting to increase the taxes on multipliers that bloat inflation for Filipinos already victimized by the high costs of simply subsisting.

Their myopia is incredible. How difficult is it to understand that increasing excise taxes on tobacco, while increasing tax revenues, does not reduce the peso’s purchasing power as do the other taxes solons propose?

Where both chambers passed their own tax reform bills sans provisions on tobacco excise taxes, the bovine scatophilia involved bears reviewing given a bicameral conference this week.

One proponent of the tax reform bill simply said the reason his committee deliberately kept the issue of excise taxes on tobacco products out was he lacked people to look into it, himself already preoccupied chairing two separate legislative committees. Never mind that think tanks have offered their independent expertise and research pro bono.

His committee employs at least 50 plus an unknown number of consultants. As a reference, Berkshire Hathaway, a $329-billion company, only has 25 in its office staff. 

One solon suggested the matter of tobacco excises might be taken up in 2018.

He could have fertilized a whole field grazing with bulls with that excuse. The 2018 congressional calendar is focused on three - - Federalism that concentrates power and funds on local politicos, the impeachment of officers in the last remaining bastions of our threatened democracy and the midterm local elections that perpetuate political positions.

Like smoking, these spawn fatal cancers.
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