View Poll Results: Are you going to vote for this candidate?
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Results 1 to 10 of 85
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February 8th, 2007 02:10 AM #1
This is our place to discuss anything about the achievements, track record, political stand, platform and candidacy of Ralph Recto as a candidate for senator.
Lets use this forum to evaluate the candidates and to share our political insights.
Lets get ready to rumble
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February 9th, 2007 11:18 AM #2
NO WAY!!! the "additional 12% vat" man himself.....kahit vilamanians ako hehehhehe
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February 14th, 2007 01:59 PM #10
There would have been no need for the E-VAT should the business and professional sector have remmitted the proper amount of VAT.
The other achievements of Ralph Recto are:
The Special Purpose Vehicles Law helped borrowers to buy back repossessed properties and for banks to unload Non-Performing Loans. Both borrowers and banks enjoyed the same fee privileges and tax incentives. This prevented mass ejection from mortgaged homes, Likewise it encouraged banks to offer more loans.
The Excise Tax on Automobiles Law helped increase tax collection through a simple and transparent system. It whet consumer and entrepreneur appetite for new cars and utility vehicles. This clearly helped preserve tens of thousands of jobs in the automotive industry.
As he did during the first half of his term, Senator Recto tops his colleagues in the number of bills enacted into law. Whatever the nature of the law, he sees to it that interests of less-privileged Filipinos are served.
The Rental Reform Law is one of the social legislation with direct beneficial impact to middle and lower classes nationwide. By putting a cap on the allowable increase in rent, the law protected residential tenants and small mom-and-pops businesses against skyrocketing rent for three years until 2008. Likewise, millions of students were spared excessive dormitory fees.
For safe and modern passenger travel and cargo shipment, Recto sponsored the Domestic Shipping Act and Overseas Shipping Act. These help lower costs of shipping operators that translate to stable passenger fares and cargo freight.
The Sin Taxes Law or excise taxes on alcohol and cigarettes responded to public health concerns in addition to raising government revenue. It also gave equitable treatment to both imported and domestic goods that in turn preserved jobs among manufacturers of foreign brands as well as indigenous ones.
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