USD 10,000,000,000.00

USD 10,000,000,000.00
My Check

Sunday, January 31, 2016

Today with Part 2

Good day, February 1, 2016, 

Time flies so fast or is it only a figment of our imagination.  Time might not be linear as we think it is.  Time might be flat and everything happens for a cause and effect on all possible choices a person can do.  Hence every second is not time pass but its a sign that a certain event occured and a new outcome or result have appear.

A strady 2% add on yty to have the discounted rate,  so if the higest profit it gained was 1m,  then the next year it drop 900k the amiunt to beat is 1,002,000,  profit the 3rd year to have a x percentage discount as stated.  This will be a simple tax for all business,  now here is the tricky part,  we discourage business going bankrupt cause it create less peoductivity like reducing work force.  So businesses that are not earning atleast 3% yty on average of the life of the business.  They will be audited,  they will be restructured by officials.  Then the authorized officials would be responsible for the business wellfare of the business for 5 years until,  it would earned a average of 5% for the whole life.  Remember this is done thru bank and after a large cash deposit and no money going out the next year and it average an earnings of 5% average for following year.  That is the time when the audit would stop.  Government should only audit business that are doing badly and give free assitance,  now if the business goes to bankrupt,  the owners would need to explain the bankruptcy.  And their names would be monitored.  When they open a business regardless of company or sole proprietor.  Governement auditor would be checking all money going out and coming in.  Via bank info generated by the computer.  If the business for 3 years does not earn income.  It would be forced to shut down unless it gain income in the 4th year equivalent of 15%.  

Other taxes generating shoud be citizen tax,  any citizen earning or not as long as it is living here in the place would need to pay x amount yearly.  This would be a treshhold on how much the minimum wage would be cause,  we should remove minimum eage but let the market decide how much is the minimum.   A tax of 10,000 a year is good enough, now owning a car they would pay x amount during car registation.  And the registation is done every 10 years,  during registration on the 11 year the car is only given 5 years of use,  then if the odometer register 300,000 up, the car would need to be recycled.  The tax people pay for a car per year is 50,000.  This money would be used for roads and stuff.  The fix amount of cash is fixed with our inflation rate of 2% yearly increase.  Cars should now be cheaper but maintaning them would be more expensive.  Same goes with lot owners,  people who do something with their lands would be taxed lesser than people who keep on buying lots and dont do anything to the land.  We should promote development.  This is the governement that encourage people to be more productive.  Lessening the expenses of the business it would encourage people to spend more,  expand more, do business more.  It would promote growth and give more jobs to the people.  Lowering the food of the people by giving competition and giving people acess to trade.  Another penalty that we could impose is business regardless of sidewalk vendors and other traders.   People should have ids,  and when inspector scan the business ID and if there is no business ID but they are doing business anyone could report it via computer and they would get discounts from their taxes.  The government when caught a business without business ID from the internet do not be punish but they woukd help them register the business after business registration,  they will be monitored by using a business Sim from telecomunication businesses.  

Everything should have a category bracket but the one checking is the computer, formula.  The formula can be seen always so that people could check if there is errors.  The next thing that is needed the taxes should be geared toward developement, penalize people who dont do good business.  Government employees should only be the one encoding the data by means of sim cards.  The comunication should show if a business is not registered it will be the fault of the inspector and he will get jail term.  This way he will forcely help the business enter sim card and other stuff.  They will be social helper and working to serve the people with a large salary that keep them alive and living a good life.  This is where governement should print or give qualitative easing too.  2% mandatory increase of salary of the governement workers.  Now if they did not complete they job their salary would be cuted and they will be seriously jailed if the problem is not solved,  after they have a good result their salary would resume and all back pay would be restored.  

Writing this and putting my thoughts on the web wont do any good but having my ideas stored on the cloud would release some tension and hopfully someone is reading and might use my ideas to good use.  Hire me to be consultant for apple or a big company that pays big amount of money....

Sunday, January 24, 2016

Today with Dream

Good day, January 23, 2016,

Still amids all the elction craze and the hope that one day the philippine government would grow a better loce for its people.  Apparently taxes helps determine the real growth of the economy.  I really hope that the BIR got exposed and the philippine governement would opt for a better system that do not give too much power to government officials especially positions that could be corruptable.  A new revolutionary way to do taxes is thru internet.  Not thru filing but encourage business to declare the real Sales and Profit.  This would be a good way to know the real strength of the economy.  Here is an idea that would help business and this Government to calculate a more fair view of taxes.  I remember that i have place a blog about how to go about it but this time we focus on business tax only.  Now a business regardless small or big needs to know if it is earning or not.  The government shoukd by all mean adapt or ask for international coders to create an accounting system that every business should do.  Every business would be connected thru this cloud base internet.  We should encourage business to use the application and make the program simpler.  Business is simple,  there is always a factor of money getting in and money going out.  Monitoring them would be easier,  money coming in to monitor is easy just let business attached business bank accounts and talky all the money going in and going out.  The thing here is all data should be encrypted and no one even governement should be able to see the data.  Only the information like money earned or money loss.  We should encourage, business to earn money rather than losing money.  Accounting right now is done just to make creative way to pay less or make books look good for business.  A very simple way to know if the business is good is when the money coming in is bigger than money going out.  

Next step is the taxing percentage,  the tax bracket is quite unfair and not good measurement in how big tax a person should get.  If the business earned x percentage, it would have a same x percentage discount from paying taxes.  This way it would encourage people to submit a better record than a bad record.  So example the business earned 15% from the past year, the tax would be discounted by 15% too.  The tax percentage should be fixed regardless of how big you earn cause you want business to reinvest and expand.  I go with a fix 10% tax from the earnings period.  So if the business earned 1M then they would pay 100,000 period and it will be automatically deducted.  Government should reduce regulation like type of reciept or other stupid regulations.  Keep it simple,  regardless if the income is from investment or what ever as long as it is kept inside the bank it could be monitored.  No other way to reduce but to grow the business yty.  If the business did not grow higer it woudl still pay the tax of 10%.  To encourage a stable growth rate of 2% as that would be our inflation,  s

Friday, January 22, 2016

Today with Anger

Good day, January 22,2016,

I tried to say thank you for all i have.  I really do want to say thank you for all i have.  I would like to share business life here in the philippines.  In paper the philippines is a really good place ro do business.  The market is more forgiving and the people here tend to have a spend first mentality.  This is very good for a businessman.  Here lies the really problem.  With competition getting intense and every margin is being sqeeze from products and services.  The last question in mind is how could businesses earn money with this kind of environment.  People tend to strive and do better when they are challenged and given some obstacles to win.  The only problem here in the philippines is the red tape.  Its the unspoken or hidden cost in doing business here in the philippines.  Importers have problems in releasing their goods on time.  Businesses values time cause investments returnes are computed with time over money.  Government institutions gives business too many steps to accomplished a certain regulatory requirement and it takes time to complete them.  The another is the cost of completing them.  If the shipment gets stuck on customs,  warehouse charge is being inccured hence it would benefit government due to fee and taxes.  Mostly the delays are intended cause people would like to give something extra to make them move faster.  This extra fee is placed on top of cost of goods and passed to customers.  Asked A very well known brand of Icream which stop its operations here due to red tapes and under the table kickbacks.  Their goods are Ice cream and the rush to transfer the products to a more well placed environment.  Apparently the more you want your products to be release the more it would cost.  Another hidden charges in the philippines is the tax,  apparently regardless if you pay the correct taxes they would find errors on your accounting or they would know that you have hidden something or did not declare a certain amount this would eventually be used as extortion of money.  Foreigners dont know how corrupt and sideways the governement here in the philippines.  The government thens to ignore this kind of hardships to its citizens cause it works as an economic incentives to their people who they underpay or pay them delayed.  While other infrastructured are known to have 10-50% markup to be given to the projects authors.  These are not limited to not following the rules,  governement would impose minimum wage rates while they themselves only pay brangay tanods an equivalent of uSd 60-70 per month depending on the exchange rates.  Come on,  government should uphold order and guide the people to the path where they want the country to be stirred not a means and ways to give opportunities to others and leave the less fortunate to fight their own battles.  Governements should give opportunities and make sure that everyone have the same opportunities.  

Wednesday, January 20, 2016

Today with again

Good day, January 21, 2016,

Its been a while that i have written on my blog.  Everything is going well with some minor setbacks.  Currently i have received a letter from the BIR again.  Its a corrupt government agency that focuses on getting cash from organizations that worked hard on earning them.  This country the philippines is a great country but the government here especially this current administration who current goals is only to help push more opportunities to the set political family business to grow their interest more.  I really cant understand this government on how they uplift the lifestyle of the people of this country.  They are following the style of a certain country in which the system is not applicable in this settings.  This government is corrupt as hell and their image is as clean as Divine.  The money that would be taken from us is going to be pocketed by them.  Its like a bad game in which you cant win,  i really hope that i could find way like captain Jame T. Kirt to overide the program and change the rules of the game.  Its like this if you complete and all details are declared to the BIR they would find new loppholes to say that uou did not pay the correct taxes.  The people here in this country just give money to just to get over this bad system.  Its always a win win situation for them.  The feeling i have cant be properly explained thru this blog but its like your trap in this bad dream and they would keep on sucking you dry.  They dont like to fix the system cause it would be unprofitable for them.  

Money is really not money as i have come to understand.  Its time,  money is a tangible, accountable stuff and devaluatable form of time.  Each person earns money thru time.  Its a matter of how much you earn per second.  Its like your life converted to paper.  Life is consist of time and in order for life to have additonal value is to experience good moments to bolster the value of your life.  Tis current governement sucks the life out of their people.  Currently, this aquino administration's bet in this coming elections is Mar Roxas,  this platform or lifestyle in this country is not good for normal low income people cause this lifestyle and platform only works well with the rich people.  The system is placed to keep the poor from being rich.  Why does the rich keeps on getting richer,  its not because they are bad or they play the system better.  Its because they have more money than others.  Money is accumulated thru time cause money is time, this is the current system in which everyone lives by regardless of what.  Its hard to accept other system cause its also money/time we need to survive.  We use money to get everything we need.  Some government are shifting from a monetary soceity to a more morality soceity.  Like a ticket vending machine that will give out free tickets when people do squats to get ticket to have free rides.  We should aim a more helping others community in which people would do good thngs to others or help people to harvest their own food and love the things their doing.