Q: just assignment in economics, tank u
A: No because the government needs the taxes for the development of the Philippines (not considering the corruption). The hospitals and public schools are not well funded at the moment and think about what would happen if the taxes are cut back. What would be left? Also, other companies might take advantage especially the gasoline cartels since fuels are more affordable, then they can increase the price and just say again and again that it is because of the world market price. Take note that now that the price of fuel in the world market has decreased, the gas companies are so quiet about the issue that they should roll back their price.