Swiss deposits part of Marcos estate
Retired Supreme Court justice Antonio Carpio has made several big lies in his discussions over our South China Sea claims, many of which are being repeated even by otherwise intelligent people.
Now in the homestretch to the May elections, he’s created another Big Lie: presidential candidate Ferdinand Marcos Jr. owes government P203 billion in estate or inheritance taxes. Carpio is hoping this Big Lie can stop Marcos from winning the presidency 31 days from now.
It’s a classic case of a Big Lie which an unscrupulous politician spreads for his electoral ambitions and which biased, or plain stupid media disseminates. The gullible candidate Isko Moreno has gone on to say silly things, such as that the “P203 billion” will feed 59 million Filipinos for a year. He has practically made it his platform of government, that if he wins the presidency, he will make it his priority to collect those unpaid estate taxes.
The forever anti-Marcos Philippine Daily Inquirer jumped on the fake issue, claiming in an editorial that the BIR isn’t doing its job if it doesn’t collect the P203 billion. That paper got that idea from Carpio who said: “What is the BIR waiting for? “
I find it astonishing that he forgets that when that tax deficiency was first issued in 1991 and when the Supreme Court allegedly made it “final and unappealable” in a decision in 1997, the administration in power was that of Fidel Ramos, in which Carpio was one of the most powerful Cabinet members, being the presidential legal counsel. He recommended for Bureau of Internal Revenue head Liwayway Vinzons-Chato, a colleague in the law profession. Why couldn’t they get the “tax” paid?(more…)