Tax to GDP Ratio Rises

The 13.3% ratio for 2013 compared to ratio of 12.9% year 2012 based om the collections made by the BIR and BOC looks bright .

Comparing this tax collection achievement with other advanced and wealthy countries such as Sweden 54% ratio and Denmark 33% ratio, our revenue collection has a long way to go to achieve the same.

The Swedes and the Danish must be feeling these high ratios given the high quality if life extended to them.

This come to mind again a habitual question on " on where do the tax payer's money go"?
There seems to be Mismatch between increased tax ratio and the quality of life of an ordinary citizen.

Rossano Salvosa Almonia
MBA University Professor
Apparel Buyer / Production

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