65% OF METRO RESIDENTS DON’T BELIEVE VAT REVENUES GO TO SOCIAL SERVICES

July 30, 2008 — Rev. Fr. Jessie Somosierra, Jr.
While Pres. Arroyo stood firm in her State of the Nation Address against abolishing the value-added tax (VAT) because it will sacrifice funds for social programs, majority of Metro Manila residents believe that revenues from VAT do not go to social services.


According to the special survey conducted by IBON Foundation, 65% of National Capital Region (NCR) residents do not believe that the revenues from VAT are being spent for social services and other needs of people. Meanwhile, 27% said they believe the revenues are going to social services while 7.8% answered don’t know.

Various people’s groups and lawmakers, including the Catholic Bishops’ Conference of the Philippines, have been demanding for the removal of the regressive VAT.

Below is the tabulation of results of people’s perception on the value-added tax and social services.

Do you believe that VAT revenues are going to social services spending and other needs of the people?

Yes

102

27.49

No

240

64.69


Don’t Know

29

7.82


Total

371

100.00


Posted in economy, tax. Tags: , , , , , , , , . 1 Comment »

One Response to “65% OF METRO RESIDENTS DON’T BELIEVE VAT REVENUES GO TO SOCIAL SERVICES”

  1. Rod J Says:
    September 7, 2008 at 7:44 pm

    I live in Payatas and I have yet to meet one destitute Filipino receiving this so called Katas ng VAT. I suspect its all for the press unless I see a published list.

    Or maybe Malacanang indeed dropped a centavo into the can and told a group of blind beggars ” there’s P10.00 in there, now don’t you fight, and divide that big amount among yourselves!


Leave a comment

«

»