napanood ko lang sa news na parang gagawin is, babawasan if not tatangalin yung vat sa langis then idadagdag yung mawawalang buwis na yun sa mga alchoholic products and cigars? are you guys in favor of this? why/why not?
tama yan, tapos increase revenue collection. sobrang inefficient kasi. syempre, improve basic service and eliminate graft and corruption para us honest tax-paying citizens see where our hard-earned salaries go.
imho, it could work, for a short term basis only.
the reason why government cannot remove the VAT from oil is because more people are using oil than more people who drink and smoke... so if for example, they put oil on 0% vat and put 30% VAT on tobacco and alcohol, malulugi pa din sila.... their revenues will be affected. so wala na silang gagamitin para sa mga junkets nila tsaka sa mga pork barrels nila.
what i could see is just to lessen the impact of the rising oil prices by just temporarily minimizing the VAT to around 5-7% or have it fixed for example, around 6 pesos of VAT per liter of gasoline or diesel. that way, even though fuel prices go up, medyo shielded ng onti ang prices so it will not really go up high that much...