BIR to conduct lifestyle checks on professionals

[nicolodeon]

AFAIK, Henares may be one of the most hated government officials right now. Wala ngang nilagay na bagong tax, pero maraming existing tax laws an ni-re-reinterpret para mas lumaki koleksyon. Wala naman problema mag-bayad ng tax eh. Ang problema, hindi nararamdaman ng tao kung saan napupunta tax nya. Pero kung gusto nyo malaman, umaten na lang kayo ng SONA minsan. Andun ang buwis natin.

[nicolodeon]

BIR Commissioner Kim Henares came out with a new BIR ruling. Commercial Landlords now have to submit their tenants's business registration and tax incomes. Apparently this is to prevent tax cheats in Binondo, especially in 168 mall and tiangges. I asked our accountant how the Commissioner is coming out with these requiremnts. Apparently, She is Chinese and is very fluent speaker. So if you see her don't curse her in Chinese...hehehe. Her father was the owner of the ST. J Department store and Citizen Watch Repair Center in Escolta. So she knows what Binondo people do...

Eh..papaano kaya yung mga maliliit na tindera sa mga talipapa - or yung mga samalamig na stalls. Karamihan naman sa mga yan walang contract. Halos wala na nga kinikita yung mga yun, gusto pa buwisan.

Tinanong nga ako minsan nung kasama naming expat (Canadian). Napuna daw nya kasi na malaki ang tax deduction sa mga empleyado dito sa Pinas, pero wala naman daw sya nakikita na improvement (matagal na sya dito, 17 years na). Sabi ko sa kanya "If you see significant improvement for the people because of the taxes we pay, better get worried because you know something is wrong with the government."

May isa akong naging kaibigan na Malaysian, nagpunta dito sometime last year. Gustong magtayo sana ng business. Sa kasamaang palad, umatras at napakahirap daw palang mag-tayo ng negosyo dito. Ang pinaka kinainisan nya? Ang BIR.

[niwde11]

napupunta dun sa cash for the poor. di pwede kalimutan yun kasi malaking part ng voting public yun. mahirap pa imonitor. wala naman tayong ID system para mamonitor on how to distribute.

[nicolodeon]

napupunta dun sa cash for the poor. di pwede kalimutan yun kasi malaking part ng voting public yun. mahirap pa imonitor. wala naman tayong ID system para mamonitor on how to distribute.

Cash for the poor? Malaking kalokohan yan. I mean, siguradong hindi naman doon sa mga poor mapupunta yan eh. In fact, yung poor nga tinatamaan nila eh. Ang "cash for the poor" eh matagal ng programa ng gobyerno ng Pilipinas. Panahon pa Marcos. Ni-rehash lang ng mga succeeding governments, sa iba't ibang forms.

[Monseratto]

Your taxes goes to useless subsidies like the MRT...

THE P7 billion-subsidy for commuters using the Metro Rail Transit (MRT) will not help their counterparts in Visayas, Mindanao, and several parts of Luzon, a lawmaker from Cebu asserted.

“We cannot go on giving subsidy at P7 billion a year. How many people are really benefiting from the MRT? We need roads and bridges in the countryside. Manila is not the Philippines,” Cebu City Representative Tomas Osmena said Tuesday.

The government this year increased its subsidy allocation for the MRT to P7 billion from P5 billion last year.

Another way goverment uses P29 billion of your taxes is to give it to deadbeats just to make sure their kids attend classes...

4P is a conditional cash transfer program of the government that had started on 2008. The program works quite simple. Very poor families who had children below 14 years of age are given 500 pesos for health and nutrition expenses while they receive 300 pesos for each child, a maximum of three, for their educational expenses. Most of the beneficiaries receive 1,400 pesos per month, for they maximize the 3 children limit of the 4P. On the eyes of a man who has access to the internet to read this, the middle-class or higher class of Filipinos, 1,400 per month is quite small, and may provide little, if any help, in the perspective of the not-poor sector of the society. I take no surprise, 1,400 is not even enough to satisfy a burgis, for they were raised with a silver spoon, or a bronze spoon, or with a spoon for crying out loud. The people that are receiving the 4P grew up, not with those spoons on the mouth like the reader of this, but they grew up without any spoon, hell, they grew up without a stable source of basic human needs, like food, water or shelter. My point is, according to the theory – though I am not sure if it is in practice – that the beneficiaries of 4P are the poorest of the poor and 1,400, is and will be a big help for them, it may not be enough, but as they say, one can’t be a chooser if one is a beggar.

As I had said, 1,400 per month may help, but please, do not fool us, it doesn’t give any significant long-term benefit. The estimated cost of this short-term solution is 29 billion pesos, money that is enough to make an industry. An industry that can provide jobs, that can provide a steady income of money to families, it may not reach all the poor, but I tell you, it is better to give one man a job that will make him earn 500 peso a day, than give 10 people 100 pesos per day, for the 1 man who has a job will have a source of income, while the 10 people have none, and thus would soon need another hundred the next day. It may be good, the giving of money, if the people are given enough money, enough to have a decent life. But we don’t live on a fairy tale, we don’t have unlimited resources to sustain such fantasy. What we do have are limited resources that are to be spent intelligently, not stupidly. What the government should do is create jobs, own the means of production if it can, and I believe in due time it will, so that greedy bastards will not have all the resources of the world, and all can have an equal access to the resources. That may seem a little far-fetched, but let me repeat my point, the government should spend its limited resources intelligently, and 4P is not intelligent, in fact it’s stupid. It is a mockery to the poor people and a waste of your and my tax. And I shall not wonder why people are having a hard time finding an effort to pay their taxes, with a government like these, and a president like Aquino, who would want to pay taxes?

[eld]

The trouble with socialism is you soon run out of other people's money. -- Margaret Thatcher

[uls]

ya much of europe

high standard of living, lots of leisure time, long vacations, early retirement

yun pala funded by massive govt borrowing

look what's happening now

[eld]

And the whole of that basketcase known as Europe is singlehandedly being propped up by German engineering prowess. France is highly dependent on trading with Germany (if I were French I'd be embarrassed of this fact ). Germany is highly dependent on selling cars to China and USA (if I were German I'd embarrassed of this fact ). Ditto for Japan. They can't rely on their pitiful domestic consumption because their 50% tax rates force their citizens to save up instead of spending. Quite pathetic, if you ask me.

[marg]

Germany is highly dependent on selling cars to China and USA (if I were German I'd embarrassed of this fact )

On the contrary, the Germans are very proud of their automobile industry. They have virtually cornered the world Luxury Car market.

Why would you be embarassed when you are recognized as the builders of the Best cars in the world?

[niwde11]

ya much of europe

high standard of living, lots of leisure time, long vacations, early retirement

yun pala funded by massive govt borrowing

look what's happening now

so ano tawag natin sa China? Capitalist Communism?:D