The Supreme Court of the Philippines, the last bastion of justice in our country, just approved the E-Vat bill.
THE SUPREME Court on Thursday upheld the legality of a crucial tax measure aimed at addressing the country's chronic deficit, officials said.
"The court, by a majority vote...upheld the constitutionality of Republic Act No. 9337 in its entirely," the court decision states. The High Tribunal voted 15-0, although there were some dissenting opinions, a court official told Agence France Presse.
However, the court ruled that the temporary restraining order (TRO) on the implementation of the new VAT law stays until the ruling becomes final.
Those who opposed the measure are given 15 days to file their motion for reconsideration.
Poor Juan Dela Cruz, you will again be the one to carry the goverment's inefficiency on your shoulders. I really feel sorry for the Philippines, because the only idea that a supposed economist can conjure up is to give the burden of the national debt to the people.
If you are pro E-Vat, you're probably a moron or a filthy-rich citizen, drinking cognac in one of your alta sociedad parties.
Taxation is only good if the money goes back to the people, not in the pockets of merciless grafters. What kind of an animal are you when you steal from the poor just to buy your million peso rest house? You're the kind of animal that I would love to hunt down.
Gloria, you lying, scum sucking, cheating piece of crap. I suggest that you put what little brain you've got in stopping corruption. Read this, you pompous, little brat:
I would like to point out two glaring facts that must enrage every self-respecting Filipino who loves his country and his family, and who has any hope left. "The government lost about $48 billion to corruption over a 20-year period, according to a World Bank Study in 2000. Morgan Stanley Research placed the losses at $204 billion between 1965 and 2001. The amount of $204 billion translates roughly into P12 trillion. If they say that our consolidated public sector debt today is about P5.39 trillion, we would have had no debt. Instead, we would have a surplus of around P6.5 trillion. If the losses to corruption amounted to only half, or if we were only "half corrupt," we still would have been one of the richest nations in Asia. (Link)I bet you won't touch on irradicating graft and corruption even if you had to. Why?--short answer is big Mike and baby Mikey.
