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Where’s the real political and economic power?

AN oligarchy is defined as a form of government in which economic and political power lies in the hands of the few. Countries with this kind of government are often controlled by a few prominent families who pass on their influence from one generation to the next. Inheritance is not a necessary condition for an oligarchic structure to exist.

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All warfare is based on deception

IN an opinion poll released last week in the United States, 37 percent of registered voters believe that President Barack Obama lies “most of the time” on “important matters,” while 24 percent say he lies “some of the time.” Twenty percent say that he lies “only now and then,” and just 15 percent believe he “never” lies. While we have come to expect that the public usually views institutions like government agencies with a large measure of distrust, to see these kinds of numbers about the president of the United States says something about the world we now live in.

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Clarifications on the new tax-assessment rules

FINALLY, the filing of income-tax returns and the payment of the corresponding taxes for the taxable year 2013 are over for many taxpayers. The table is now turned to the Bureau of Internal Revenue (BIR) to determine the correctness of the filings and payments made. There are many modes by which this is accomplished, the most common of which is through the conduct of tax audits by authorized revenue officers.

Read more: Clarifications on the new tax-assessment rules

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