Wednesday, November 2

EVAT Implementation

The EVAT Implementation was indeed pushed through last November 1. Isn't it timely, that it is on All Saints' Day, which for Filipinos are practiced as All Souls' Day?

Today is just November 2 and I have already feel the effect of the 10% Value Added Tax.

We just bought snacks from Wendys. There is no longer Wendy's 20s because of it. Instead it is 20s + 2.90 tax.

The TV commercial for EVAT seems to be very convincing, which is talking of paying our debts through the additional taxes to be collected (VAT). I just wish and pray that the additional tax that burdened the people will indeed pay the national debt and not go to somebody's pocket.

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