MIKEY'S MILLIONS, KATAS NG JUETENG? - New Bureau of Internal Revenue (BIR) Chief Jose Mario Bunag (a GMA Cabalen?) now inherits the unpleasant job of reviewing the tax liabilities of uncle and nephew/ partners in crime Iggy and Mikey Arroyo.
A report from the House of Representatives charts Mikey Arroyo's assets from zero in 1992 when he entered government service as a Legislative Staff Assistant II in the Senate, leaping to PhP5,721,787 when he assumed the Vice-Governorship of Pampanga in 2001, and an astronomical leap just three years later to PhP74,436,538, including PhP20 million in cash in his first year as Congressman. This year (2005) it has gone up to PhP76,531,403 even if he has undervalued his new La Vista Subdivision mansion at only PhP8 million. Where did the PhP20 million cash come from? Katas ng Jueteng kaya??
If Bunag is to attain any credibility, and if GMA's tax reform program is to be believed, we dare Bunag to immediately file a tax evasion case against Rep. Mikey Arroyo, or at least assess him a PhP25 Million tax liability. Kaya ba ni Bunag? Takot lang niya!