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de Dios, Emmanuel S.
Diokno, Benjamin E.
Esguerra, Emmanuel F.
Fabella, Raul V.
Gochoco-Bautista, Maria Socorro
Medalla, Felipe M.
Monsod, Solita C.
Pernia, Ernesto M.
Reside, Renato E.
Sicat, Gerardo P.
Tan, Edita A.
Year of Publication: 
Series/Report no.: 
UPSE Discussion Paper 2005,05
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.
Document Type: 
Working Paper
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