Saturday, September 11, 2010

Mark Cuban gives Dallas $100,000


In third-world countries like the Philippines, the masses are often burdened by lots of things – usually economic in nature.

Low wages, inflation and of course, taxes.

Taxes that were meant to fund important projects that'll benefit the public ended up becoming a bulge in the pockets of few politicians.

Taxes spent wrongfully on expensive dinners and resulted into the emptying of the National Treasury.

Because of such circumstances, people, if not reluctant, don’t like paying taxes. And who does anyway?

If there’s anything worse than taxes, it’s gotta be tax hike.

Fortunately, for already rich USA, they got lots of wealthy, non-politicians like Mark Cuban, who doesn’t mind sharing his blessings for the betterment of a city.

The controversial owner of the Dallas Mavericks is donating $100,000 to Dallas in order to help the city offset revenue decline which had most City Council members considering a tax hike.

Like the billionaire he is, Cuban did this act of generosity because he would also benefit from it in the long run. If the tax hike materializes, he would end up paying more than $100,000 to the city of Dallas for his numerous properties and businesses.

But even with that kind of notion, donating $100,000 to your local government is a tough act to follow.

Majority of rich businessmen here in RP, after getting their millions courtesy of minimum-wage paid workers, use their connections in the government to pull some strings that would help them evade taxes.

Same goes with our government officials and politicians. People who are usually in public service won’t fail to abuse the perks of power, and if they ever think of using our money for good, they’ll make sure we’ll hear about it by way of humungous posters and other forms of advertisements.

If only we had more Mark Cubans in our government then the Philippines would be a richer country. And let’s not forget how he turned the Mavs around. Bet he can also do the same for Philippine basketball. He’d be like Manny Pacquiao and Manny Pangilinan in one.

No comments:

Post a Comment