I had to create this infographic to better explain the wicked politics and philosophy behind the proposed Mandatory Remittance Bill in Congress.
The fundamental question is: Whose money is it, anyway?
See? Filipino politicians think the State has the right or authority to tell you how to manage your own money. And that makes you a slave.
Now, if you’re a professional or a non-DH OFW and you support more protectionism and more regulations to be imposed on foreigners and foreign investors, here’s my friendly advice: Why not slap your face and then try to rethink your mediocre political views? Because if you’re working in a highly liberalized economy, like UAE, Hong Kong, Singapore, etc., chances are, your company or employer is also an expatriate like you.
RELATED BLOG OP-EDS:
Why Hong Kong, U.S., and Other Freer Economies Can Justifiably Ban/Restrict Free-Riding RP in the Name of Reciprocity