Once Again The Govt Taxes The Poor

[Mr Lee]

Sari-sari stores, market vendors next to be taxed  THE Aquino administration wants to collect more taxes by cracking the whip on sari-sari store owners, market vendors, and the estimated 40 percent of Filipinos who work in the underground economy.  “If you sell something worth P25, you should already issue a receipt,” Internal Revenue Commissioner Kim Henares said.   “Why should somebody pay tax and somebody else not pay?”  Henares said Internal Revenue had started talks with market vendors on the need to issue receipts. Even pedicab drivers would be part of the new drive.Regulations must be simple and easy to carry out.  “We need to have rules that will make compliance easy for those employed in the informal sector,” Henares said.  She did not say how much the government hoped to collect from the renewed effort, but various estimates put the number of sari-sari or small mom-and-pop convenience stores at 700,000, and that means they make up 30 to 40 percent of the total retail sales in the country. Most are home-based and unregistered, and employ family members as staff. Read the rest of the story here

[Mik]

That's the plan. Countries borrow billions from the international banking cartel and the people become enslaved forever and the sovereign nation becomes a dependent colony. It's called the New World Order..

[Jollygoodfellow]

Sari-sari stores, market vendors next to be taxed THE Aquino administration wants to collect more taxes by cracking the whip on sari-sari store owners, market vendors, and the estimated 40 percent of Filipinos who work in the underground economy. “If you sell something worth P25, you should already issue a receipt,” Internal Revenue Commissioner Kim Henares said. “Why should somebody pay tax and somebody else not pay?” Henares said Internal Revenue had started talks with market vendors on the need to issue receipts. Even pedicab drivers would be part of the new drive.Regulations must be simple and easy to carry out. “We need to have rules that will make compliance easy for those employed in the informal sector,” Henares said. She did not say how much the government hoped to collect from the renewed effort, but various estimates put the number of sari-sari or small mom-and-pop convenience stores at 700,000, and that means they make up 30 to 40 percent of the total retail sales in the country. Most are home-based and unregistered, and employ family members as staff. Read the rest of the story here

I think I agree with the government,the sari stores and vendors are running a business so should have to pay tax like all the other business do.Maybe there should be some sort of concessions for these low income business but money to run a country has to come from some where so all business or wage earning people should pay their share.

[Mik]

The G-20 Agreed to Strangle Us With Debt http://www.henrymakow.com/toronto_g-20_summit.html.