Shame on you!!!

To put it into perspective...

P106B can be used to implement an across the board wage hike of P10,000/month for ALL government employees (and minimize the "need" for government employees to do under the table transactions).

P106B can also cut in half our budget deficit for the year.

Self-employed evade P106 billion in taxes

The implementation of the EVAT is causing many people to groan in pain, and it would certainly make the pain more bearable if government also went after wealthy, self-employed entrepreneurs. According to Negros Oriental Rep. Herminio Teves, the government has been losing as much as P106 billion yearly because only 47 centavos out of every peso in income tax owed
by these self-employed individuals is being collected by the BIR. Out of the P96.7 billion personal income taxes collected by the BIR in 2004, only P12.41 billion or a measly 12.9 percent came from self-employed businessmen. The bulk of the individual income tax payments came from salaried employees. The Philippine Institute of Development Studies estimates that government has been collecting only 47 percent of the full potential taxes owed by the self-employed, while the Department of Finance pegs the annual figure at P98.95 billion. Teves recommended checking the assessor’s office for data on these self-employed individuals‚ personal wealth to help the BIR track down tax evaders.