A test of political will EDITORIAL 08/13/2010

A test of political will

EDITORIAL

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08/13/2010
Noynoy Aquino should be in a tight fix over the expanded value added tax (eVAT) that the Bureau of Internal Revenue (BIR) wants to collect on road tolls starting Monday.

For starters, it is a clear breach of his promise not to impose new or additional taxes to raise revenues; a promise that was later revised when it became clear that he would be inheriting a bankrupt government from Gloria to having the tax option as a last resort if other measures to raise revenues fail — although he should have known that when he threw his hat into the presidential ring.

The premise thus was that all other options will be tried in raising revenues such as obliterating corruption in both the BIR and the Customs bureau before Noynoy would consider imposing additional tax burdens to the public..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/commentary/20100813com1.html