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The implementation of R-VAT in the Philippines....is it effective? will it succeed? |
The implementation of R-VAT in the Philippines....is it effective? will it succeed? i am not for that.. i dont think its effective. it will succeed in the eyes of the goverment. but the citzens are suffering. (like me)... the goverment in my country just want money from their people that's why they implemented the vat. its such a pain in the ***.. r-vat? never heard of that. you might mean the r-vak? the reformed value added kurakot? :p well, it is like this, on theory, it means well. added money for the government to use for among other things, social services. model wise, countries with the best social policies are among those with high taxes like the nordic and scandinavian nations. however, the implementation is the challenge. let's pray to god and invoke the help of saints on this one. Don't know much about how the economy works, but in my opinion this is not effective.. The government should start from top to bottom.. Minimizing corruption at the top, so they can maximize the use of people's money(VAT) without adding RRRRRRRRRRRs! |
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