I have been a member of the Rotary Club of Makati (RCM) for some years now. I consider it both my pride and my honor to be a Rotarian. The Rotary Club of Makati was chartered on March 12, 1966, with an original membership of 46. As of the end of May 2016, the Club has 154 members, the largest club in Rotary District 3830 and the second largest in the country. Five of the current 154 were part of the original 46 members. With Ricky Trinidad and lawyer Terry Ridon. RCM is the only Rotary Club I know of that has its own building. It is composed of businessmen, public servants, and professionals representing a wide range of fields. About half of the club are CEOs, COOs or CFOs of the country’s largest corporations. One-fourth are heads or senior officers of financial institutions, while the rest are principal officers of multilateral institutions, seasoned businessmen and leading practitioners in the fields of law, medicine, banking, accountancy, engineering, architecture, … [Read more...] about ‘Service Above Self’
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Finance chief hopeful 18th Congress will pass tax reform bills Alexis Romero (Philstar.com) - May 8, 2019 - 6:29pm MANILA, Philippines — The Finance department is hopeful that the Philippines' recent credit rating upgrade will persuade the next Congress to pass tax reform measures that will benefit the public. Global credit watchdog Standard & Poor's (S&P) has upgraded the Philippines' credit rating to "BBB+" with a stable outlook, just a step lower than an "A" grade. S&P attributed the upgrade to the Philippines' consistent economic growth, the sound external settings of its economy and its solid fiscal accounts. A credit rating reflects a borrower's ability to manage and pay back its debt. A rating upgrade is expected to lower borrowing costs and to make it easier for the private sector to tap international funding sources. Finance Secretary Carlos Dominguez said lawmakers who passed the first … [Read more...] about Finance chief hopeful 18th Congress will pass tax reform bills
By Christopher Hume Star Columnist Mon., May 6, 2019 By the time Ontario Premier Doug Ford is finished with Toronto, the city will be lucky if it’s allowed to hire a dogcatcher without Queen’s Park first passing enabling legislation. Mayor John Tory will want to keep his short pants close at hand. Forget about governing by disruption, Ford’s gleeful politics of destruction have wreaked havoc across the province, nowhere more so than in its largest city, which he is remaking as fast as the legislative process will allow. Last week alone he cleared the way for the province to “upload” Toronto’s subway system, undid Ontario Municipal Board reform and, to add insult to injury, brought back old developer-friendly rules, and then withdrew funding that supports more than 6,000 subsidized daycare spots in Toronto. Last fall, Ford cut Toronto city council in half, seemingly on a whim, and again made a point of adding insult to injury … [Read more...] about Booze, speed and dangerous cuts — is this what Ontarians want?
By Kathy English Public Editor Thu., May 2, 2019 Why does journalism matter? I asked. You answered. In anticipation of today’s World News Day, a time to recognize and celebrate the power of journalism to make a difference in people’s lives, I asked for your perspectives on why journalism matters to you. The responses, as always when I reach out to Star readers for your views were (for the most part) thoughtful and constructive, showing tremendous insight into the value of the public service mission of journalism and deep appreciation both for journalism’s purpose in our democracy and for the work of journalists who aspire to journalism’s highest ideals. Thank you to all who participated. Here is some of why you believe #NewsMatters: Good journalism speaks truth in the face of lies, without fear or prejudice. When the public is confused by those with powerful self-interest, then the duty of the journalist is to lay bare the facts as (s)he … [Read more...] about ‘Great journalism holds the mirror to our souls’
AKRON, Ohio — Colin Robertson wonders why he pays federal taxes on the $18,000 a year he makes cleaning carpets, while the tech giant Amazon got a tax rebate. His concerns about a tilted economic playing field recently led Robertson to join the Akron chapter of the Democratic Socialists of America. At a gathering this month, as members discussed Karl Marx and corporate greed over chocolate chip cookies, it was not long before talk turned to income inequality and how the government helps the wealthy avoid taxes. “One of the benefits of taxation is taking it and using it for the collective good,” said Robertson, 25, comparing his minimal income to the roughly $150 billion net worth of Jeff Bezos, Amazon’s chief executive and the world’s richest person. “He could be taxed at 99.9 percent and still have millions left over,” Robertson said, “and I’d be homeless.” It is a topic that several presidential candidates, led by Sens. … [Read more...] about News $0 corporate tax for Amazon, profitable giants sickens US voters