Tuesday, February 9, 2010

An Honest Politician?

Presidential nominee Senator Manuel "Manny" Villar said he could not promise to refrain from imposing new taxes once elected, according to ABS-CBN news.

"I cannot make a promise of no new taxes because the new administration will inherit an empty coffer," Manny told the Makati Business Club (MBC).

Instead, Manny vowed to raise government revenues and spend wisely, which he admitted would not be easy.

Manny's statements differ from his rival, Senator Benigno "Noynoy" Aqunio Jr. III, who is opposed to new or increasing taxes. Noynoy believes the government can boost its revenues through curbing and punishing tax evasion and smuggling.

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