Tag: tax reform

Kapihan sa Senado forum | July 5, 2018

At the Kapihan sa Senado forum, Sen. Lacson answered questions on:
– Killing of Mayor Halili
– Criminals getting bolder despite anti-crime drive
– Need for PNP to clamp down on loose firearms
– irregularities surrounding PNP acquisition of Mahindra vehicles
– Inflation up to 5.2%
– TRAIN woes
– National ID bill update
– PRRD clarification he never ordered anti-jueteng operations stopped

This slideshow requires JavaScript.

Quotes from the interview…
Continue reading “Kapihan sa Senado forum | July 5, 2018”

On the Duterte Administration’s First Two Years

Even during the 2016 presidential campaign, when he persistently pitched for a six-month deadline to solve the drug problem in the country, I already pointed out it was impossible. It remains as impossible as saying he can stop crime.

After two years, it may be wise and prudent for his top advisers to go back to the drawing board and reassess what they did wrong and what they are doing right, not only in the fight against crime and corruption, which is the centerpiece of the Duterte administration’s deliverables, but in the economic sector as well.

For one, the peace-and-order strategy is long on crime suppression and short on prevention. It should be the other way around. We prevent crimes, and those that cannot be prevented from being committed must be suppressed with solid solution through efficient investigative work and techniques.

On the revenue side, the TRAIN law needs to be revisited and amended, and the President, with all his strong influence over Congress, must put his foot down on vested interests of some members of both houses.

On the expenditure side, a.k.a. the General Appropriations Act, the same influence is suggested to minimize wastage of the government’s hard-earned resources by strictly adhering to the existing jurisprudence outlawing pork barrel, which is still evident among selected members of Congress, a few of whom enjoyed as high as nine-figure insertions during the last two budget years under the Duterte administration.

*****

 

📰 Lacson believes VAT exemption privileges reduction key to solving TRAIN law problems [Manila Bulletin]

photo0312-012

From the Manila Bulletin: Lacson said the best way to counter the high cost of fuel and other petroleum products would be to limit the number of VAT exemptions being granted by the government.

Related:
Ibaba ang buwis: Bawasan ang VAT exemptions
Kung mababawasan ang 143 VAT exemptions…
Sen. Lacson proposes amendments to the Tax Reform Bill

Continue reading “📰 Lacson believes VAT exemption privileges reduction key to solving TRAIN law problems [Manila Bulletin]”

Interview on DZBB | May 27, 2018

In an interview on DZBB, Sen. Lacson answered questions on:
– the National ID system
– tax reform measures

Quotes from the interview…  Continue reading “Interview on DZBB | May 27, 2018”

On the TRAIN law

tweet0523-train

Related:
Ibaba ang buwis: Bawasan ang VAT exemptions
Kung mababawasan ang 143 VAT exemptions…
Sen. Lacson proposes amendments to the Tax Reform Bill

On President Duterte’s vetoing of some provisions in the TRAIN

tweet1223-veto2

Related:
Duterte vetoes five provisions of TRAIN (PhilStar)
Billions of pesos worth of vested interests in TRAIN and GAA

Kung TAX REFORM na PRO-POOR ang hangad natin, dapat walang mayayamang negosyo ang libre sa pagbabayad ng VAT, dahil sino ang sasalo? TAYO yan.

meme1130-tax

Related:
At a Glance: Making VAT simpler, fairer and more efficient
Kung mababawasan ang 143 serbisyo at produktong libre sa VAT…

Kung mababawasan ang 143 serbisyo at produktong libre sa VAT, tataas ang koleksiyon sa buwis – isang batayan para posibleng ibaba ang VAT sa konsyumer

meme1129-vat

#PingSays: On VAT exemptions, alleged executions, questionable claimants in DPWH’s 2018 budget | Nov. 28, 2017

In an interview, Sen. Lacson answers questions on:
– VAT exemptions in the Philippines
– alleged execution
– DPWH pool funds in the proposed 2018 budget

Quotes from the interview… Continue reading “#PingSays: On VAT exemptions, alleged executions, questionable claimants in DPWH’s 2018 budget | Nov. 28, 2017”

Taxing Vanity

tweet1128-tax

On Facebook: BoTAX o LipoTAXtion?