SC issues TRO vs E-VAT

[docpete]

*Mazda2--tama ka diyan bro.Maraming doctor na mahirap din naman pero marami ding ang kita e 6 figures araw araw.Kainggit hehehe..

[mikaztro]

The gov't has already been trying to private many of its assets since FVR's time.

The problem is that the employees of these GOCCs are the ones trying to halt this (along with various militants who oppose privatization).

By the way, the E-VAT law is not only just about raising taxes... but to also help the government monitor the input/output tax declarations of companies. A lot of tax leaks are occurring here (to the tune of P100B last year) thanks primarily to companies who don't want to pay their proper taxes.

Privitization is not the cure for all the budget deficit and I'm not even in favor of it either. What I was stressing is that the governemt should streamline non-performing GOCC's and its staff.

Most of the Filipinos could hardly cope up with their daily subsistence, what more if the 12% VAT is imposed.

I think the government should concentrate more on delivering basic services, eliminate graft and corruption and commit good governance.

The Government should also focus on the recovery of about 30% uncollected VAT every year totalling an average of P61.5 billion the last 2 years instead of raising the VAT rate.

A government, protecting business & self interest only, is but a carcass, and soon falls by its own corruption and decay.

[mrpink]

I think the government should concentrate more on delivering basic services, eliminate graft and corruption and commit good governance.

.. the reality is though .. the gov't is broke .. without any additional sources of income to pay off our debts .. it will bleed the people in order to stay alive ..

[mikaztro]

.. the reality is though .. the gov't is broke .. without any additional sources of income to pay off our debts .. it will bleed the people in order to stay alive ..

The Government is not broke. Only the President and her micro/macro think tanks are the ones who kept telling the Filipinos that their own country is impoverished and bankrupt.

We have lots of resources & means that we can use of in generating additional income for the government. Cut government expenditures, concentrate more on sales, excise and tariff taxes than in individual taxes. Implement tax cuts for individual earners and small business like other countries do to promote jobs and effectively establishment entrepreneurship. Eliminate graft & corruption, recover uncollected taxes worth Billions of pesos, develop farm to market roads for Agri business, etc.

The tax laws are written by men with considerable net worth, and with little understanding of what wage-earners must do to make ends meet.

Additional Tax can serve a vital role in keeping in-check the budget deficit of our government; however, without accountability, they are little more ineffectual and cumbersome at taxpayers' expense.

[mazdamazda]

Most of the Filipinos could hardly cope up with their daily subsistence, what more if the 12% VAT is imposed.

Have you read in full RA 9337? Especially about the still VAT exempt products (which covers basic food & services). If you are living in the province, with their farm to market methods, this has a minimal impact on them. Only those in Metro Manila & its suburbs would be affected as the cost of transporting goods would be higher.

The Government should also focus on the recovery of about 30% uncollected VAT every year totalling an average of P61.5 billion the last 2 years instead of raising the VAT rate.

FYI. The budget deficit for this year is projected to be around P200B. The P61.5B is still not enough to plug the gap.

A government, protecting business & self interest only, is but a carcass, and soon falls by its own corruption and decay.

If you noticed, GMA's platform isn't even pro-big business. It is geared towards the development of SMEs.

Last year, the SULONG program lent already a total of P35B to some 300K SMEs. GMA proposed late last year that this fund be tripled. Microfinancing was also launched for poor women borrowers in which P6B was released. And almost 500K farmers received land.

The Philippines isn't just composed of Metro Manila.

[mrpink]

We have lots of resources & means that we can use of in generating additional income for the government. Cut government expenditures, concentrate more on sales, excise and tariff taxes than in individual taxes. Implement tax cuts for individual earners and small business like other countries do to promote jobs and effectively establishment entrepreneurship. Eliminate graft & corruption, recover uncollected taxes worth Billions of pesos, develop farm to market roads for Agri business, etc.

.. economics 101 .. ivory tower stuff ..

[mikaztro]

Have you read in full RA 9337? Especially about the still VAT exempt products (which covers basic food & services). If you are living in the province, with their farm to market methods, this has a minimal impact on them. Only those in Metro Manila & its suburbs would be affected as the cost of transporting goods would be higher.

How can you say that Filipinos living in the province will have minimal effect by it's implementation? Just to give you 1 example; did you know that Philippine Airlines will be charging 10 percent extra on sales of domestic passenger & cargo carriage in compliance to RA 9337? As the result of this, produce of the farmers will be much higher and subsequently ALL the consumer's will have to pay for it. Likewise, farmers will have additional burden of getting petroleum at a higher cost for their machines, higher maintenance cost, increased pesticide costs, et al. It is like a fire raging in the forest where one can't see where it is coming from.

FYI. The budget deficit for this year is projected to be around P200B. The P61.5B is still not enough to plug the gap.

Yes it is not enough to cover the budget deficit and that's what I said in my previous post "Additional Tax can serve a vital role in keeping in-check the budget deficit of our government; however, without accountability, they are little more ineffectual and cumbersome at taxpayers' expense." Moreover, the government can find other ways in plugging the hole without even passing the additional burden to the Filipino people. I can specify further more but I think you already know what I mean.

If you noticed, GMA's platform isn't even pro-big business. It is geared towards the development of SMEs.

Last year, the SULONG program lent already a total of P35B to some 300K SMEs. GMA proposed late last year that this fund be tripled. Microfinancing was also launched for poor women borrowers in which P6B was released. And almost 500K farmers received land.

Are you an Arroyo Government spokesperson? Just kidding! :D
Seriously, I don't think there is some sense of truth in what you've stated. Yes, The increase in micro-financing capability through self-help groups (SHGs) will enhance the prospects of the rural poor, SHGs have become an essential ingredient in rural development and economy's survival. However, ineffective organisation of decentralised production system and implementation will only further sustain distress among SME's and the likes.

The Philippines isn't just composed of Metro Manila.

Yes you are right! It is composed of each and every Filipino.
By the way, I stay and live in the Province as we speak.

[BlueBimmer]

Philippine Airlines will be charging 10 percent extra on sales of domestic passenger & cargo carriage in compliance to RA 9337?

yes kaya on June 30 i bought 2 booklets of Jetsetter from PAL..pus may TRO pala hehe langhya

[mikaztro]

.. economics 101 .. ivory tower stuff ..

Yes I concur!

He who chooses the beginning of a road chooses the place it leads to. It is the means that determine the end.

Let's all have faith!

[oldblue]

kala ko kaya nila pinu-push E-VAT para palakihin ang mark-up ng isang product or service. anyway, far-fetched nga ito hehehe

[Blackraven]

Hmm, the market yesterday night closed at P52.245 against the greenback.

But seriously, the issue giving me a headache already when I already had a fever and frequent stomach pains since last night.

I'll just adopt a "wait-and-see" attitude for this E-VAT thing while I get some more rest otherwise, I can't go to school the next day.

For the meantime, do we have a thread where can we discuss about the "GOOD NEWS"? (ie. Subic-Clark-Tarlac expressway would be finished in 2007, Northrail project ready to begin this September, plans to expand, rennovate and widen SLEX currently being discussed, Plans to build a super-stadium in Fort Bonfacio to be fully constructed in 2008 and all the other pieces of "GOOD NEWS")

Seriously, where can we hear the "GOOD NEWS"? As of now, I don't think we can expect the long wait of this E-VAT debate in the SC that will take about 1 (minimum) to 6 months (at max.) to be considered as "GOOD NEWS" whether for or against the E-VAT.

Is there even at least one single thread talking about "GOOD NEWS" and "PROGRESS" in this country???

[mikaztro]

Hmm, the market yesterday night closed at P52.245 against the greenback.

But seriously, the issue giving me a headache already when I already had a fever and frequent stomach pains since last night.

I'll just adopt a "wait-and-see" attitude for this E-VAT thing while I get some more rest otherwise, I can't go to school the next day.

For the meantime, do we have a thread where can we discuss about the "GOOD NEWS"? (ie. Subic-Clark-Tarlac expressway would be finished in 2007, Northrail project ready to begin this September, plans to expand, rennovate and widen SLEX currently being discussed, Plans to build a super-stadium in Fort Bonfacio to be fully constructed in 2008 and all the other pieces of "GOOD NEWS")

Seriously, where can we hear the "GOOD NEWS"? As of now, I don't think we can expect the long wait of this E-VAT debate in the SC that will take about 1 (minimum) to 6 months (at max.) to be considered as "GOOD NEWS" whether for or against the E-VAT.

Is there even at least one single thread talking about "GOOD NEWS" and "PROGRESS" in this country???

I think its a wonderful idea Blackraven. Why don't you start a thread and perhaps others will follow your lead. I will do so in a proper thread as what the Mods in Tsikot adheres.

[CLAVEL3699]

Our company right now afraid of the E-Vat syempre kailangan namin magtaas presyo.

additional 2% tax and additional overhead expenses kasi nagtaas din sila kanino ba ipapasa yun kundi sa consumer din.

Natatakot kami baka wala na bumili nang produkto namin. wahahahahaha

[mikaztro]

Yup! That's why passing additional burden by the government to consumers by implementing the additional 2 points in our tax will surely make our life more miserable. However, let's look at the bright side of it. That is the only recourse we have as of the moment because of some inept government officials. Let's all have faith! There is still light at the end of the tunnel.

[mazdamazda]

let's just hope that the 2% burden to all of us is well worth it down the line.

[CLAVEL3699]

Mga bro!!! Tama kayo there is light at the end of the tunnel. Eto problem paano kung sobra haba nang tunnel at hindi mo na kaya puntahan yung dulo kasi naubusan kana nang gasolina at sympre lalakarin mo na lang at kung paano sobra pagod kana at di mo pa din nakikita.

My point is kaya pa ba natin? kaya pa ba nang mga maralitang tiga lunsod...?

I wish matapos na lahat eto kasi ako nahihirapan na paano pa yung mga minimum wage earner lang, paano pa nila mapapagkasya yung kinikita nila.

[FrankDrebin]

Boss CLAVEL3699, a lot of peeps here doesn't care about the maralitang tiga lunsod. They see and generalize them as lazy, drunkard and a menace to the society. ;)

[zero]

sana nga lang, gamitin na sa tama ang mga makokolekta dito at hindi maging retirement benefits ni PGMA and her allies.
maging maganda ang public school system at public hospitals para malaki ang matipid na bawat pilipino.

[CLAVEL3699]

Boss CLAVEL3699, a lot of peeps here doesn't care about the maralitang tiga lunsod. They see and generalize them as lazy, drunkard and a menace to the society. ;)

Yun ang nakakalungkot. Hindi sila lahat, tamad, lasenggero at salot sa lipunan.

Kung may trabaho ba sila na makikita at magbibigay nang opurtunidad magiging tamad ba sila? OO iilan pero karamihan nagsisikap para mabuhay.

Ang mga minimum wage earner ay kasama na sa maralitang tiga lunsod. Magkano na ba ang cost of living ngayon nang isang pamilya -P 650.00 paano na kung -P- 300.00 langang sweldo mo. Tanga ang mga government analyst natin hindi daw sila konsider kasi dalwa daw nagtratrabaho sa pamilya ang "AMA at INA" sino ngayon nag aalaga sa mga anak nila.

Kaya sila umiino kasi para mabawasan ang problema nila at gutom nila. Yan ang kwento sa akin nang isa kung kakilala na mahirap. Mali pero maiintindihan mo sila kung makakausap mo sila puso sa puso.

Salot sa lipunan. OO karamihan sa kanila dahil sa atin din naman dahil sila ganun katulad nyan karamihan sa atin walang pakialam kung kaya pa nila mabuhay. Kaya karamihan sa magnanakaw ay para pantawid gutom lang. Ang taong gipit kahit sa dulo nang flag pole kakapit.

[oldblue]

karamihan naman satin galing sa hirap. I dont think it's healthy to emphatize or even to sympathize with their plight. sometimes, yun mga hardships & crisis sa buhay, yun
ang pangsukat kung gano ka galing as a person and as a Filipino.

Most of the middle class people came from lower class. They became middle class
the moment they stopped whining and feeling sorry for themselves.

stop this robin hood ideal that it is ok to steal from the rich & the govt. & give to the poor. Kung na-extend pa ng 30 yrs. yan nobelang na yan, sigurado susuko na si Robin Hood sa trabaho nya kasi ang mga mahihirap maghihiga na lang sa Sherwood Forest buong araw at intayin na lang ang pagbabalik ni Robin Hood & his Merry men with the loot.