By MORTZ C. ORTIGOZA
In case it will be favorably acted, will the Federal Constitution bring this impoverished and rambunctious country to Nirvana instead of hell as based on the poor financial capacity of the country and the downgrades it awaits with credit watchdogs?
According to the Consultative Committee that hammered the draft constitution, the sharing of wealth that primordially be taken from the taxes of the Filipinos and businessmen would be at least 50 percent to the Federal Government (FG) and 50 percent to the 18 Regional Federal Governments (RFG).
The additional burden to the coffer of the new bureaucracy will be between P44 billion to P72 billion for 17 Regions (not 18 Regions) under Federalism, according to Rosario Manasan, senior research fellow of the Philippine Institute for Development Studies (PIDS).
Is this the way to inflict more burdens to the already hapless Filipinos in these regions?
Department of Finance Secretary Carlos Dominguez III told the senators on a budget hearing that if Federalism will be shoved in the throat of the Filipinos, this country “will go to hell” not with “will go to the dogs” as an idiom usually used by writers ha ha ha !
What with the P120 billion deficits yearly needed by those handicapped regions to attain the physical and financial need of Federalism.
It means rich regions like Metro Manila, Calabarzon, and Region 3 could easily remunerate them, paid the construction of their offices, and can even have surplus as they collect more taxes in their burgeoning areas.