i hate these tax press releases, most of them being churned out by the BIR.
study after study has shown that the national budget is being funded more than half by debt (surprisingly more than half of that debt is local debt). the remainder survives on taxes. and for those individuals who pay taxes, more than 70% of the tax is being paid by compensation workers (ordinary employees) who have their tax withheld at the source.
it really pisses me off that there are always reminders on all media to pay the tax, when in fact most of us normal folk who are capable of paying taxes have the taxes already withheld. the few professionals quibble about the details and the corporations fudge taxes all together. if the BIR wants to waste money on an information drive, focus on the corporations and not on the individuals who just get irritated of being reminded of an obligation they have already unwillingly performed.
Monday, April 17, 2006
tax targets
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2 comments:
Oh yeah, the media blitz to pay your "fair share" of taxes. Don't forget the celebrities hounded by the BIR for filing false returns. Really good for prime time TV.
A week or two later, BIR reports record collections. After that, collection targets and what do you know, all are met, if not exceeded!
GMA goes on the air with an ear to ear smile. See, she has won the day for the people, again. Boy, she's really good!
If it were only true and not a tiring sarsuela, one would be inclined to believe it. Then again, even if there were a semblance of truth in it, it is just too convenient.
what ticks me off is that the BIR wants us to pay our "fair share" when most of us working stiffs already have their pay withheld for taxes, so our taxes have already been prepaid. it's like someone who asks you to pay a phone bill when you've already paid them.
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