Vote Wisely

poll

Démarrer Partager

WHO WILL WIN FOR PRESIDENT ?

MANNY VILLAR Villar vows to crack whip on revenue agencies Nacionalista Party (NP) standard-bearer Manny Villar yesterday vowed to crack the whip on the country’s revenue collection agencies and empower local governments to address the country’s runaway budget deficit. In a statement, Villar said the government’s P298.5-billion deficit – P48.5 billion over the target – threatens to dampen projections of economic growth in the next two years unless adequate measures are put in place. “The next administration needs to boost the efficiency of the Bureaus of Internal Revenue and Customs. Our commitment is to improve tax administration, simplify taxation for small businesses and the self-employed, and rationalize fiscal incentives,” Villar said. “At the same time, we need to ensure that the revenue-raising powers of local government units are adequate and robust to finance public services. Healthy LGUs will take some of the pressure off the national government,” he added. Villar acknowledged that stimulus spending and reconstruction costs for damages caused by typhoons last year inflated the deficit. But he explained that a well-planned approach in terms of prudent fiscal administration through improved collection must be put in place if the government is to successfully cut the deficit to manageable levels in the next two years. “Creating new taxes will always be a last resort in addressing the deficit problem. Our priority will be to improve collection efficiency and be very prudent in our fiscal affairs. We need to perk up the countryside economy by empowering LGUs in revenue generation to allow them to make growth-inducing investments,” the NP standard bearer said. Villar said current tax collection efforts are hampered by a thin tax base and a complex tax structure. “We will zero in on structural defects and move quickly to boost efficiency,” he said. Earlier, Finance Secretary Margarito Teves blamed new laws cutting taxes and the government’s failure to sell big-ticket assets for the runaway deficit. Teves also said the next president of the country will have to deal with an additional P41-billion shortfall from tax relief measures to kick in this year. But Villar said the problem, although daunting, is far from insurmountable as he noted that good governance and strong political will can address the budget deficit crisis. “As a former businessman and entrepreneur, I understand how big deficits can stunt economic growth. It will take good governance and strong political will to execute measures needed to address the deficit problem. We will need to work closely with Congress and other branches of government,” he added.

Noynoy aquino Ah sorry wala akong maisip at daig pa sya ni lapid si lapid may nagawa na isang batas mas mabuti pa sya

Créé par Raphael5519

Créez votre propre sondage

Online People – Rencontres, chat et rencontre de nouvelles personnes

Vote Wisely

poll

WHO WILL WIN FOR PRESIDENT ?

Online People – Rencontres, chat et rencontre de nouvelles personnes

Quiz suggérés

A quel personnage de Harry Potter ressemblez-vous

Dan Lé Yeux De L'autre

Quel Personnage De Bob L'éponge Etes Vous ?!!!

Est-T-Il Amoureux De Toi ?

Quel Est Votre Véritable Prénom ?

Quand Va T-Il Te Dire"Je T'aime?"

Quelle Sorte De Geek Êtes Vous?

Attends, Sérieux: T'es Un(E) Vrai(E) Bisontin(E)??

Est Tu Populaire Normal Ou Looser?

Est-Tu Populaire ?

Connais-Tu Bien Les Musiques De Films?

Chnoua Borjek Beloughet El7amem(By Cafu)

Quel Batteur Etes-Vous?

Et Tu Du Cotés Obscur Ou Du Coté Du Bien

Quel Animal Êtes-Vous

Sondages suggérés

Équipe Favorite Fifa 2010

Chnouwa M5abilek Maktoubek?

Super Epave Trophy 2010 !!!

L'amour

Petits Sondage Entre Amis =)

Qui Est Tu ?!

Quel Est Votre Rythme De Gwoka Préféré ?

Sondage Point Com

Le Meilleur Jeu-Vidéo De L'année?

La Démocratie Au Maroc

Applications suggérées

-=La Chance Du Jours=-

Chanceux Ou Malchanceux ?

Est-Tu Chanceux

Amour Ou Amitié ?

Êtes Vous Interessant Ou Ennuyeux ?