Quantcast
Article Index |Advertise | Mobile | RSS | Wireless | Newsletter | Archive | Corrections | Syndication | Contact us | About Us| Services
 
  Breaking News :    
Advertisement
Robinsons Land Corp.
Radio on Inquirer.net

INQUIRER ALERT
Get the free INQUIRER newsletter
Enter your email address:

 
Inquirer Opinion/ Letters to the Editor Type Size: (+) (-)
You are here: Home > Opinion > Inquirer Opinion > Letters to the Editor

  ARTICLE SERVICES      
     Reprint this article     Print this article  
    Send Feedback  
    Post a comment   Share  

  RELATED STORIES  





imns



Tax on ‘investments in democracy’ baseless


Philippine Daily Inquirer
First Posted 20:51:00 11/19/2009

Filed Under: State Budget & Taxes

WE TRUST that acting Bureau of Internal Revenue Commissioner Joel-Tan Torres will live up to the standards set by his predecessors?Sixto Esquivias IV and Lilian Hefti, two good public servants, with their excess of candor and deficiency in collection (the latter, arguably, for causes not of their own making and beyond their control).
The last paragraph of Sec. 13 of Republic Act 7166, says: ?Any provision of law to the contrary notwithstanding any contribution in cash or in kind to any candidate or political party or coalition of parties for campaign purposes, duly reported to the Commission shall not be subject to the payment of any gift tax.? It became law in 1991, when I was in the Senate. There were those of us who nearly fell off our seats when some of our 1987 donors were assessed taxes by the BIR. I recall that early one day I went to the BIR in remonstrance, because we could not tell our donors to cough up further. It had not been done before, to our knowledge. ?Dura lex, sed lex, Sen. Rene,? gently said the respected commissioner then, in effect.
I did not spend a single centavo of my own in 1987. I had donors all over the land, not all of whom I even met. A donor gave me seed money as we had nothing really. After I won, we returned it intact. We did not need the P1 million. But, from what I read, even that would have been taxed, as a loan, advance, whatever.
I could not believe that an investment in political expression, through elections, and voting for a platform a candidate represents, would be taxable. The free speech clause would seem to argue against it, for one thing. The gift is an investment in the political process, in democracy, a hallowed institutional arrangement. Holmes said we can express our opinion in law, and sweep away all opposition. Thus, RA 7166, during our watch.
When you support a candidate, you support what he stands for. The new BIR chief?s policy, at war seemingly with our legislative intent, would have a tremendous chilling effect on opposition supporters and, to that extent, weaken democracy which is committed to leveling the playing field. Were I in a modest business and would like to donate to a bet, I see where I would have to register with a withholding agent. Were I in a big business, I might donate only to the side which can harass me.
What Commissioner Torres reportedly wants to do could not have been the legislative intent. I hope to have edification on just what law he bases his widely publicized program to collect campaign taxes?with unaffordable chilling effect on investments in improving our leadership that will give our people a better life.
?R.A.V. SAGUISAG,
chair, Movement of Attorneys for
Brotherhood, Integrity and Nationalism Inc.
(Mabini), Makati City



Copyright 2012 Philippine Daily Inquirer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk.
Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate.
Or write The Readers' Advocate:

c/o Philippine Daily Inquirer
Chino Roces Avenue corner Yague and Mascardo Streets,
Makati City, Metro Manila, Philippines
Or fax nos. +63 2 8974793 to 94


Share

RELATED STORIES:

OTHER STORIES:



  ^ Back to top

© Copyright 2001-2012 INQUIRER.net, An INQUIRER Company

The INQUIRER Network: HOME | NEWS | SPORTS | SHOWBIZ & STYLE | TECHNOLOGY | BUSINESS | OPINION | GLOBAL NATION | Site Map
Services: Advertise | Buy Content | Wireless | Newsletter | Low Graphics | Search / Archive | Article Index | Contact us
The INQUIRER Company: About the Inquirer | User Agreement | Link Policy | Privacy Policy

Advertisement
Inquirer Mobile
Jobmarket Online
Inquirer VDO
BizLinq