2006/02/16
SW convenor participates in Switzerland tax debate
Mark Garcia
Visayan Daily Star, Philippines
A co-convenor of the Social Watch from Oriental Negros presented the concerns of the Philippine civil society amid the global tax phenomenon at the World Economic Forum in Davos, Switzerland, recently.
Prof. Leonor Magtolis-Briones, former national treasurer of the group, said, "If
the government continues to give tax cuts and tax holidays to attract investors,
where will we get money to finance primary education, build roads, and reduce
infant mortality? We will source it from indirect taxes such as the Value Added
Tax which burdens more Filipinos."
She said the giving of more tax cuts by the government as a result of worldwide
competition to attract multinational corporations and foreign investments, may
result in lack of revenues for development and poverty reduction.
With Briones in the discussion and debates were Egypt Finance Minister Youssuf
Boutros-Ghali; Dr. Peter Athanas, chief executive officer of Ernst and Young;
Brian McK. Henderson - chairman, Global Public Sector Client Group, Merrill
Lynch and Company.; and Dr. Sheila Killian from the Kemmy Business School,
University of Limerick.
The forum was jointly sponsored by the World Economic Forum and Bread for All,
the Federation of the Swiss Protestant Churches Development Agency.
Visayan Daily Star
Dumaguete City, Philippines
February 15, 2006
http://www.visayandailystar.com/2006/February/15/negor6.htm
About
Philippines
About Social Watch
in
Philippines
Publications by Social Watch Focal Point in Philippines
See news about
Philippines
FAIR USE NOTICE: This page contains copyrighted material the use of which has not been specifically authorized by the copyright owner. Social Watch, which is mentioned in the report, distributes this material without profit for research and educational purposes. We believe this constitutes a fair use of any such copyrighted material. If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
|
