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The Untouchables; The Philippine Economy
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 400 no. 8741 (Jul. 2011)
,
page 26.
Topik:
Tax Evasion
;
Corruption
;
Tax Revenues
;
Bribery
;
Economic Conditions
;
Political Behavior
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.67
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Philipine's President Benigno "Noynoy" Aquino hopes his country's taxmen (sometimes called "revenuers", a word reminiscent of the Capone era) will help him slay the monsters of corruption and fiscal overstretch that now prey on his country. The government's revenues last year amounted to just 13.4% of GDP, much lower than its peers. It collected less than a fifth of the value-added taxes (VAT) it was owed, according to Neeraj Jain of the Asian Development Bank. That is one reason why it could afford to spend less than 3% of GDP on education last year and only 0.6% on health. Aquino campaigned for office on the slogan, "If no one is corrupt, no one will be poor". He has governed on the assumption that unless everyone is seen to pay taxes, no one will. Since his term began, the BIR has pursued 51 cases of tax evasion, one a week.
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