EVAT sa petroleum products dapat nga bang tanggalin?

[dbuzz]

Surely lahat sa atin ay magsasabing dapat ngang tanggalin ang EVAT... but hey!!! teka... timbangin nga natin muna...

Sabi nga ni Sen Mar Roxas eh sa ngayon, 6 pesos daw sa diesel at 66pesos per cylinder of lpg ang mabawas kung tanggalin ang EVAT.

Pero sabi ng [SIZE=2]Presidente Gloria Macapagal-Arroyo ay "AYAW" kasi yung 4 billion pesos of the expected 18-billion peso proceeds from the EVAT on petroleum products would be returned to the people in the form of cash transfer loans and scholarships.

-Sabi nga eh palso ito dahil papabango lang ito ng mga taong admin. ngunit higit sa lahat [/SIZE][SIZE=2]ay may mga mawawala dito at mapunta lang sa bulsa ng hayok na mandurugas na officials. yung style na suli-suli -[/SIZE][SIZE=2]returned to the people[/SIZE][SIZE=2] na yan gaya ng sa balik korente na 500pesos ay prone sa tagas at corruption yan eh.

[/SIZE][SIZE=2]Teka... kahapon eh ibinalita na Pinas lang sa boung Asia ang may pinakamura na petrolem products.[/SIZE]
[SIZE=2]
Well, ano sa palagay nyo mga bros? Tama ba yung rason ng Gov't in not lifting the EVAT.


[/SIZE]

[tidus1203]

Tama in the sense not the Philippines has gained a lot of ground in terms of its financial credibility in the past few years.

[uls]

pag inalis ang EVAT, babagsak ang credit rating ng Pinas

[fourtheboys96]

nagpapapogi lang yan si roxas.

kung seryoso siya, dapat sinabi din niya kung san niya kukunin yung mawawalang kita pag inalis yung VAT. ndi pwede sasabhin mo na bababa ang presyo tapos ndi mo babangitin yung epek sa national budget. ibig sabihin nagpapaogi sa tao.

[shadow]

I voted no, it will f*#! us up even more....

[valvura]

EVAT is not the cause of increasing fuel prices. Leave it as it is. Sana lang, it will be sincerely returned to the people and not to the pockets of some government officials. It will cussion impact of decreasing tax & increasing salary of government employees. Kawawa lang ang nasa private sector at wala pa umento since time immemorial!!

[niky]

Hmmm... slit our throats and lower prices or keep them high and let the people grumble... let's see...

[uls]

The govt could be pressured to suspend EVAT on fuel.

Umeksena na kasi ang simbahan Katoliko...

[shadow]

GMA can do it actually since her term will end soon anyway, and just leave the problem to the next administration...but I think the right thing to do is not to suspend it...

whatever discounts we can get from the suspension is just temporary...prices are dictated by outside forces..so if the fuel price continues to rise, what will the public demand next? get it for free?

[uls]

the public will demand price controls.

Govt gives in.

Philippines = Zimbabwe

[coiter]

i vote not to suspend. but perhaps they can make it a fixed amount instead and not a percentage para hindi naman exponential ang dagdag nya sa price.

[badsekktor]

it would be bad for our country to totally scrap evat as a whole...

but scrapping evat from petroleum products, might ease us a little bit.

[Altis6453]

What makes me feel bad is the supposed surplus earnings of government owing to the EVAT on oil going to dole-outs. Dapat lahat nakikinabang, hindi lang ang mahihirap. Maybe its just me but I hate the idea of subsidizing other people's lifestyles since I was trained at an early age to work for everything I needed or wanted and not rely on other people for it.

Also, dunno about you guys but I resent every cent I pay by way of taxes since I don't see my taxes working for me.

[shadow]

What makes me feel bad is the supposed surplus earnings of government owing to the EVAT on oil going to dole-outs. Dapat lahat nakikinabang, hindi lang ang mahihirap. Maybe its just me but I hate the idea of subsidizing other people's lifestyles since I was trained at an early age to work for everything I needed or wanted and not rely on other people for it.

Also, dunno about you guys but I resent every cent I pay by way of taxes since I don't see my taxes working for me.

I'm with you on this...if there is one group that should be benefiting from the gov't subsidies it should be the middle class (working class, small-medium business owners)...

[Ms Homer]

===========================================
valvura; EVAT is not the cause of increasing fuel prices. Leave it as it is. Sana lang, it will be sincerely returned to the people and not to the pockets of some government officials. It will cussion impact of decreasing tax & increasing salary of government employees. Kawawa lang ang nasa private sector at wala pa umento since time immemorial!!
===========================================
uls; the public will demand price controls.

Govt gives in.

Philippines = Zimbabwe


===========================================

+1 ako sa inyo. tama po yan.

At other thing pa, pag dating sa mga single passenger lang doon sa mga malalaking SUV's and gas thirsty vehicles, nobody has come out with a reliable estimate of how much gasoline and diesel fuel gets burned merely as waste on our roads, but it would be safe to say na sa EDSA lang, the figure runs into millions of liters annually. So buti nga yun na medyo mabawasan ang mga katulad nila sa kalsada.

Then si Sen. Mar Roxas nga is calling for a suspension of the 12 percent EVAT on gasoline and other oil products in order to “spare Filipinos from the effects of skyrocketing oil prices.”......
.......His well-known ambition to run for president in 2010 obviously explains his dangerous populism—but as a trained economist, he ought to know better. hindi yung dakdak na lang.

Keeping oil artificially cheap—through an indirect state subsidy, which an EVAT suspension actually amounts to—would not only distort free market forces. It will also sustain demand at current levels and, worse, further abet wasteful consumption.

In the end the only beneficiaries of political measures “to keep oil prices within the reach of consumers” are the oil companies, which are thus assured of hefty Return Of Investments. just my one [SIZE=1]send.[/SIZE]

[badsekktor]

^^yeah! i know the feeling.. it's really a waste of precious resource which could be used for better purposes.

The government is just doing what they think they needed to do to save their ass so im not surprised if they would scrap evat if things get worse

[valvura]

An update on the subject:

Gov’t open to temporary lowering of VAT on oil
Wednesday, July 9, 2008

The government is open to a temporary cut in the expanded value-added tax (EVAT) on oil but is firm against scrapping the measure as demanded by many sectors including religious leaders.
Meanwhile, Press Secretary Jesus Dureza said Cabinet officials are set to meet with the Catholic Bishops’ Conference of the Philippines (CBCP), the latest group to call for the abolition of EVAT.
Socio-economic Planning Secretary Augusto Santos told a news briefing at Malacañang that a possible “calibrated response” to the clamor for scrapping the VAT is the lowering of EVAT in such a way that it would be “revenue neutral” or would not adversely affect the government’s revenue stream.
“Maybe we can lower the VAT rate to the extent that the government will not generate additional revenues and give that (forgone revenue) to consumers,” Santos said.
“Effectively we are not suspending but only lowering (VAT)…and this is a compromise,” he said.
Santos stressed, however, that lowering the VAT rate is only an “option” and requires an amendment of the law by Congress. He pointed out the VAT law fixed the rate at 12 percent.
He said the government at the start of the year had factored in the VAT revenues in setting its spending programs. Soaring oil prices have generated excess VAT revenues.
After meeting its revenue goals from VAT, it may now be comfortable for the government to forgo additional VAT revenues from increasing oil prices.
Meanwhile, Finance Secretary Margarito Teves yesterday said the rich – the biggest oil consumers – and not the poor will benefit most from the scrapping or suspension of the controversial expanded value added tax on oil.
Teves was reacting to the growing clamor for the scrapping of the 12-percent EVAT on petroleum products, the latest of which came from the CBCP.
“Such proposal, however, would mean P73.1 billion in foregone revenues yearly which the government could otherwise use to fund programs to help the poor cope with rising oil and food prices,” he said.
Teves said stopping the collection of EVAT on oil would be most advantageous to the rich because they are the biggest fuel spenders.
“Most of the consumption of poor families are VAT exempt such as agriculture food products,” the Finance chief said.
The influential CBCP on Monday urged the government to review the 12-percent VAT on oil and to look into the possibility of lifting the Oil Deregulation Law to help Filipinos cope with soaring oil and food prices. Inflation rose to 14-year high in June of 11.4 percent.
“We respect their advice as far as religion and morals are concerned but when it comes to economic and taxation issues they should not interfere,” Finance Undersecretary Gil Beltran said.
But Teves said he is open to discussing the matter further with the CBCP.
“We would welcome the opportunity to discuss with CBCP our position on the issue and work with them in looking for ways to alleviate the impact of rising oil and food prices on our people, especially the poor,” he said.
The latest to join the anti-EVAT chorus was former President Joseph Estrada.
“Repealing the EVAT on oil and power will have a domino effect. Every time oil prices increase, the prices of basic commodities also increase. So I believe that repealing the EVAT on oil and power will compel retailers and wholesalers of basic commodities to reduce their prices,” Estrada told The STAR in a phone interview.
As of end-May, the government was able to contain the budget deficit at P18.8 billion as total revenues for the period amounted to P482.4 billion against expenditures of P501.2 billion. The figure is still better than the P41.8-billion deficit posted in the same period last year.
In May alone, the government posted a budget surplus of P7 billion, its highest May surplus since 1986, due largely to improvement in tax collection and lower spending. This is a marked turnaround from the P1.7-billion deficit posted in the same month last year.

Cap on oil EVAT

Instead of suspending or scrapping the expanded value added tax on oil as demanded by some sectors including Catholic bishops, the government should limit it to P7 per liter or just enough to keep fuel prices from rising further, Speaker Prospero Nograles said yesterday.
“This should protect our consumers from anticipated increase of pump prices which is expected to ultimately go to P10 as per oil industry estimates. The way to cushion impact is not to remove but to put a limit to VAT on oil,” Nograles said.
Imposing a P7 ceiling per liter, according to the Speaker, “means that all future oil price adjustments will be VAT free and the present rate of gas and oil will stay despite price adjustments.”
Nograles directed Antique Rep. Exequiel Javier, chairman of the House ways and means committee, to “prioritize and expedite the approval of this proposal.” The Speaker said his proposal is a “win-win formula.”
“Let’s not remove the EVAT on oil. It’s a popular preposition but it’s deadly to the economy,” he said. “At most, what we should do is to fix the rate of EVAT on oil at P7 per liter maximum.”
He stressed that removing the VAT on oil even on a temporary basis “can do more harm than good.”
“A middle-ground can be achieved by fixing the EVAT on oil at P7 per liter maximum,” he said.
Nograles also urged the Department of Agriculture to work double-time to improve significantly the country’s food production capacity.
“We may not have oil but if we have food, our country will survive heads above water,” Nograles said.

Energy Conservation

Three administration congressmen are pushing for a four-day workweek scheme for private and government offices as part of an energy conservation program. The three also want limited mall hours as part of the program.
Bulacan Rep. Reylina Nicolas, a member of the House committee on energy, said the four-day workweek scheme “deserves serious study” as oil companies plan to raise the prices of petroleum products by at least P10 per liter next month.
“Some business and economic analysts even warned that the price of diesel may reach P72.43 per liter before the year ends,” she said. “Since we don’t have control over the soaring pump prices, the practicable thing to do is to conserve electricity and fuel.”
Bohol Rep. Adam Relson Jala said a four-day workweek is a “timely and realistic proposal because of the unabated oil price hikes that have burdened the people.”
“The four-day workweek will not only mean daily savings for government but also for employees. Millions of pesos will be saved through this scheme, it’s time other offices tried it,” Jala, chairman of the House committee on government enterprises and privatization, said...[SIZE=2]– Paolo Romero, Iris Gonzales, Delon Porcalla, Aurea Calica, and Jose Rodel Clapano[/SIZE]

http://www.philstar.com/index.php?He...id=20080708152

[Flagg]

Ok lang to let EVAT remain. As an alternative cost-saving measure, allow some Abu Sayyaf suiciders to become true martyrs by blowing themselves and all the congressmen and senators to kingdom come.

O, diba laki cost-savings nun sa pork barrel pa lang? Cost and ill will to be absorbed by a third-party pa. Win-win diba?

[uls]

Let's say inalis nga ang EVAT sa fuel, magkano lang ba maibabawas sa presyo ng gas at diesel?

Konte lang.

then the weekly price hikes will push fuel prices back up.

So magrereklamo parin ang mga tao.

Wala na EVAT, ano na idedemand nila sa gobyerno?

[valvura]

Let's say inalis nga ang EVAT sa fuel, magkano lang ba maibabawas sa presyo ng gas at diesel?

Konte lang.

then the weekly price hikes will push fuel prices back up.

So magrereklamo parin ang mga tao.

Wala na EVAT, ano na idedemand nila sa gobyerno?

Heto bro: "SWELDO ITAAS, PRESYO IBABA!!!"