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Next admin should eradicate corruption and set proper budget priorities instead of increasing VAT - Maza

Submitted by mkbyn on Wed, 04/07/2010 - 4:55pm

“Eradicating the age-old problem in corruption and setting proper budget priorities are what the next administration should pay attention to in order to solve the country's fiscal problem, instead of increasing the tax and thereby adding burden to the Filipino people.”

This was the statement of Makabayan-Nacionalista senatorial candidate Liza Maza slamming Finance Secretary Margarito Teves' proposal for the next Congress to raise Value Added Tax (VAT) from 12% to 15%.