G-Vat


1. also known as “gloria vat”
2. it’s a value added tax of the former president of the philippines – gloria macapagal arroyo. mostly the victim of the said tax are the middle cl-ss citizen in the philippines. 30% of their monthly salary have to go to the pocket of government officials also known as stolen money. elite cl-ss and squatter cl-ss is not suffering from this kind of anomaly.
man 1: bro, how much is your monthly salary and how much is your tax?

man 2: well, my monthly salary is 10,000 php but my monthly tax is 5,245.

man 1: how come?

man 2: there’s g-vat, sss, pag-ibig, philhealth deductions and all the scamming tactics of corrupt people in the philippines.

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