A lifelog of a well-travelled single parent who had a life extension in 2000, blogs indiscriminately about her journey through life fulfilling unfinished business and promises that will soon complete her existence...

::Gov't takes from the poor to give to the rich

Thursday, July 03, 2003

Why is the government running out of money? In today's Neil Cruz's Editorial in Inquirer.net, he mentioned many unfair practices of the Philippine government favoring the rich through dishonest strategies. Complete editorial is here.
Issue No. 1: Collect income tax from the small traders (who live a hand-to-mouth existence) at flea markets even before they earn any income by asking them to pay 500 pesos as advance income tax payment and the 30,000-peso rent for the stall in advance;
Issue No. 2: Bureau of Internal Revenue (BIR) is giving billions of pesos in tax refunds to big taxpayers, i.e. The Supreme Court had ordered Manila Electric company (Meralco) to refund the two billion pesos it had overcharged and collected from its customers, so it is asking seven billion pesos as a tax refund from the government;
Issue No. 3: Spurious tax credit certificates, secured in connivance with corrupt government officials, some in the names of non-existent companies, are sold to the biggest income earners like oil companies;
Issue No. 4: Personnel of the BIR steal whatever taxes are really collected, deposit the tax money in bank accounts under fictitious names and then withdraw the money for themselves;
Issue No. 5: Perpetrators of numerous high-profile "pyramiding" pseudo - investment scams are still free, in spite of the billions of pesos they have bilked from gullible investors. Source: Inquirer.net Editorial

With all these crimes government participated in, I think it's about time the vigilantes run also after these corrupt officials...

Posted on July 3, 2003 12:14 PM TrackBack


butterfly Let me know you were here, your thoughts are welcome!

Was just bored and thought I would post


Posted by: Jenny Connor on November 9, 2004 06:12 PM

Please write responsibly. Thank you!









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