VAT not storm grounds Iloilo fishing boat owner.
Even as President Macapagal-Arroyo remains firm against scrapping the value-added-tax (VAT), one of the biggest fishing boat owners on Panay Island has ordered his vessels to be grounded indefinitely in protest over the controversial tax measure.
Around 30 fishing boats, ranging from 50 to 125 feet in length, of the Jumbo Fishing Corp. have not left the port of Iloilo since June 10 because of the soaring prices of oil products, said Arnaldo "Jun" Borres Jr., owner of the fishing boats.
But since last Friday, until yesterday, the State of the Nation Address of President Macapagal-Arroyo, streamers against the VAT were displayed on the boats.
"
Biktima sang VAT. Sin-o ang dason! (VAT Victim! Who's next?)," the streamers read.
http://www.thenewstoday.info/2008/07...oat.owner.html
who's next?