Here’s something very interesting for everyone. In the recent event with the bloggers, Senator Roxas also did a soft launch of a new web project which is pushing for the removal of VAT on oil. It’s called the Virtual Rally and here you can voice out your frustrations with the high gas prices without having [...]
This is the best example to illustrate how big the impact is of the VAT on oil on government revenues. Because of the 12% interest rate on the growing oil prices, the government’s revenue for the first half of this year is 22% higher than that of 2007. Normally this would be a good thing [...]
This is in reaction to Ellen Tordesillas’ latest blog post entitled “Bagsak”. Apparently in a recent event in Bagiuo, President Gloria Macapagal Arroyo said that if they were to remove the 12% VAT on oil and electricity, where would she get the money for her pro-poor programs? I can’t help but agree with Ms. Tordesillas [...]
The headline of Inquirer for the past two days clearly shows how unpopular President Glora Macapagal-Arroyo is. Apparently the results of the recently conducted survey shows PGMA as the most unpopular president across all social classes in the history of our country. To counter this, the Palace has tried to literally “buy” the “PR points” [...]
I was recently invited to join a group on Facebook which basically aims to lobby for the removal of the VAT on oil products. This was one of the videos that was uploaded and it pretty much sums up all of the major points why the VAT should be temporarily taken out. The video is [...]
This is in reaction to a published article in today’s issue of Philippine Daily Inquirer entitled “Solons would rather switch to LPG than pay P61/liter”. Basically the article talks about several congressmen endorsing the use of LPG tanks since they claim that it does not pose any hazardous effects to your health. It also is [...]
NEDA Acting Director Santos initially said that the government was open to lowering VAT on oil. However, this was downplayed but none other the Executive Secretary Ermita. After declaring that the VAT would remain on oil, he then went on to announce that there won’t be any wage hikes because “the situation did not warrant [...]
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