The way prices are soaring like crazy, it seems that we are doomed to crawl in poverty. Call it eternal damnation on earth, call it whatever you want actually. It won't matter anyway, because it seems that the inevitable is here and here to stay. The papers say it all. The previously and seemingly unaffected middle class that used to "grin and bear it", has now started screaming "too much". If these people who drive their own cars and go home to their airconditioned houses find all these price increases outrageous, how much more suffering is it bringing to the rest of us? Continue reading →

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Presidential Economic Adviser and Albay Governor Jose Salceda, in this news article, perfectly articulates the idea that has been on my mind since the onset of this skyrocketing oil price tax debate -- To tax or not to tax? To retain or to remove the E-VAT altogether? This idea is to "reduce" (in Salceda's term "cap" -- thus the acronym "C-VAT") the VAT imposed on oil. As I have expressed in

Presidential Economic Adviser and Albay Governor Jose Salceda, in this news article, perfectly articulates the idea that has been on my mind since the onset of this skyrocketing oil price tax debate -- To tax or not to tax? To retain or to remove the E-VAT altogether? This idea is to "reduce" (in Salceda's term "cap" -- thus the acronym "C-VAT") the VAT imposed on oil. As I have expressed in Ms. Susan "Toots" Ople's article about Sen. Mar Roxas's interview regarding his recommendation in this issue, Continue reading →

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Sometimes, I don't want to read news anymore -- online or offline. It's the same story, over and over again. Everyday. Until of course, a more interesting, explosive and intriguing story comes along. The "Tale of VAT and Its Woes" has been a never-ending soap opera. Occupying higher seat in the "ratings" division if it were to be compared with our current soaps. It is a blockbuster! Continue reading →

Popularity: 1% [?]

Sometimes, I don't want to read news anymore -- online or offline. It's the same story, over and over again. Everyday. Until of course, a more interesting, explosive and intriguing story comes along. The "Tale of VAT and Its Woes" has been a never-ending soap opera. Occupying higher seat in the "ratings" division if it were to be compared with our current soaps. It is a blockbuster! Continue reading →

Popularity: 1% [?]