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The economy on a cusp : the proposed VAT amendments and their larger significance

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  • Emmanuel S. de Dios et al

    (School of Economics, University of the Philippines Diliman)

Abstract

Debates on the revision of the value-added tax (VAT) are about to reach the penultimate stage. Once house and senate have passed their respective versions of the bill, congress – through a bicameral conference committee sometimes referred to as the “third chamber” – must then agree on the final form of the law. After all the media-posturing, the politicking, and horse-trading have subsided, politicians of both chambers are still left to confront the nation’s true interests – and their own consciences. It is vital that they finally pass a law that is right in form and adequate to the economy’s needs.

Suggested Citation

  • Emmanuel S. de Dios et al, 2005. "The economy on a cusp : the proposed VAT amendments and their larger significance," UP School of Economics Discussion Papers 200505, University of the Philippines School of Economics.
    • Handle: RePEc:phs:dpaper:200505
    as

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    File URL: http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/123/121
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    References listed on IDEAS

    as
    1. Douglas W. Diamond & Philip H. Dybvig, 2000. "Bank runs, deposit insurance, and liquidity," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 24(Win), pages 14-23.
    2. Mr. Kevin Fletcher, 2005. "Increasing Public Sector Revenue in the Philippines: Equity and Efficiency Considerations," IMF Working Papers 2005/022, International Monetary Fund.
    3. Emmanuel S. de Dios, et al, 2004. "The Deepening Crisis : The Real Score on Deficits and the Public Debt," UP School of Economics Discussion Papers 200409, University of the Philippines School of Economics.
    Full references (including those not matched with items on IDEAS)

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