Showing posts with label evat. Show all posts
Showing posts with label evat. Show all posts

Wednesday, July 30, 2008

Satirical Pinoy 103 - The VAT Man Returns…



Loser-senatorial candidate Ralph Recto is now the new economic head after receiving warm welcome from the NEDA staff.  And the first agenda of the new chief is what else?  To defend the E-VAT.  Secretary Recto, right now - the proper address perhaps – is not advising the removal of E-VAT to electricity and oil since there would be additional crisis in implementing and getting the government funds for present and future(?) projects of the government.

 

The E-VAT’s principal author, unsurprisingly, is Senator Ralph Recto.  And RA 9337, or most commonly known as the E-VAT law, the law that gave a heavy burden to the entire Filipino people by applying increased taxes mostly on commodity goods and services, is also the primary issue why he lost the 2007 senatorial election where he was campaigning to be re-elected.

 

The “Husband for all seasons”, proclaimed by many as an expert in the social science of economics, is back at the government together with his baby pet, and the even more hungrier Filipino people will have another thing to worry about besides looking for jobs and food.

 

The VAT Man is back… and he is having the last laugh…