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Sunday, June 3, 2012

Why We Should Pay Taxes Inspite of Corruption

Social and political criticisms

                                            


We often say we should not pay taxes because there is corruption.  Taxes do not go to the intended projects:  30 to 50% goes to the boys and to the clans (look at their waiting sheds, school buildings, gymns and even buildings.) named in their honor  (they did not pay for them did they)

               



However Sec Gary Teves former DOF secretary then, in a school program clarified the issues on taxes:

l.  The govt just like any other business, needs revenues to run.  The revenues, mostly local are the income business taxes.  Just pay say l0% over last year, it is good enough for the government.  Mind you it is not the custom duties, but local, internal revenue that support the bulk of govt operations (interesting eh)

2.  The govt is one of the biggest employers in the country.  The govt employees buy a lot of things;  the taxes we pay come back to us in terms of more vibrant market.

3.  It is better to have a govt (that is maybe corrupt) than to have chaos and disorder.

Need we say more