Philippine politicians knew better that Vice President Jejomar Binay cannot be guilty of corruption because they themselves experience how to run their territory using the allocated budget from the Bureau of Treasury. The Bureau of Treasury (BTr) manages the finances of the government. It maximizes revenue collected and minimizes spending for sustainability.
Tax collections are strictly profiled with standard rates and audited by COA or Commission on Audit. So, despite Makati being praised by its high tax collections and became an envy of other cities, the collected tax amount does not go to Makati alone. The Binays are just noted to efficiently set-up systems that give convenience to their tax payers and provide business-friendly infrastructures in the community hence the rising tax collections – but they do not have access to the tax monies.
On the other hand, the distribution of tax revenues are also controlled by the National Treasury for the expenses in running a place as categorized into province, municipality, city or barangay according to the Department of Budget and Management.
Perhaps either the senators accusing the Binays of corruption do not really understand the system or they just pretended not to know to fool the people in their quest to discredit the Binays and hopefully lower his trust rating? Makati’s commercial-friendly environment and development of the residents’ better living condition than the rest of the Filipinos are therefore really the proofs of the effective private-public partnership strategy to fund such projects of V.P. Binay as per his quote; by experience, at the local level, no revenue no project, hence bad economy at the national level – and Manny Pacquiao also shared the same view with Binay. Manny is running for senator under the United Nationalists Party of the Vice President.
Source: ABS-CBN News
Other Important Events Here are the links to the full transcriptions and video of July 7, 2015 Binay Senate Probe: Part 1: Senate Probe Media Favors Binay Anew – July 7, 2015 Part 2: Trillanes’s Accusations are Opposite from the Witnesses’ – Part 2 July 15, 2015 Binay Senate Probe