20.46
69.69
100.88
472.33
Do they ring a bell?? No? Have you been to the grocery, getting terminal fees, or maybe license permits? If yes, then you already have an idea what these numbers are. These are prices for services or items. And if you buy them then prepare to be shortchanged. But we don't mind, since it's only loose change. Why fight for a single centavo right? Wrong! If you multiply the amount by the number of people in a day for 365 days=1yr
Ex. .35 cents times 10,000(ave customers in a single day in a single supermarket) times 365 days = 1.3M
a staggering amount unaccounted for!!! No wonder BIR tax collections always fall short in their expected earnings
Not only are private businesses doing this, even the government agencies do this kind of pricing technique. We are always bickering about the government for lack of funds or meager tax collections yet we ourselves are turning a blind eye on being shortchanged! In our own way we are helping "them" escape tax payments; payments useful for building new schools or roads. Let us stop this racketeering! Let us help the present admin in his transparency reform!