Pangelinan Says Administration Breaking the Law By Not Using Surplus Collections to Pay Refunds

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Guam – The Legislature’s Budget Committee Chair Senator Ben Pangelinan is accusing the Calvo Administration of continuing “to break the law .. by shorting taxpayers approximately $22 million” in tax refunds they’re owed.

Pangelinan says his review of the latest income tax refund payments versus the cash collections shows that Rev and Tax cash collections have exceeded projections by $4 million dollars for the year to date.

In a release, Senator Panagelinan is quoted as saying:

“It is disheartening that such an injustice to these people who struggle to make ends meet every single day continue to suffer and not receive what is duly owed to them … it is up to the Calvo Administration to make sure the cash collected is used to pay out the income tax refunds.”

Source: DOA Income Tax Refund Reconciliation Report

Read Senator Pangelinan’s Release in full below:

SENATOR PANGELINAN UPDATES TAXPAYERS ON CURRENT ADMINISTRATION’S NON-PAYMENT OF INCOME TAX REFUNDS

FOR IMMEDIATE NEWS RELEASE (April 27, 2011– Hagåtña) – Senator Vicente (ben) Cabrera Pangelinan (D), Chairman of the Committee on Appropriations, Taxation, Public Debt, Banking, Insurance, Retirement & Land (Committee) provided the taxpayers of Guam with an update with regards to the actual income tax refund payments versus the cash collections to pay budgeted income tax refunds for FY 2011. The Calvo Administration continues to break the law by shorting taxpayers approximately $22 million in the first three months of his taking office even though cash collections have exceeded projections by $4 million dollars for the year.

“My office has received numerous calls regarding the non-payment of their income tax refunds. It is disheartening that such an injustice to these people who struggle to make ends meet every single day continue to suffer and not receive what is duly owed to them,” stated Senator Pangelinan. “The Legislature understands the importance of paying these tax refunds and already prioritized such payments in the 2011 Budget Act. The Legislature’s hands are tied, it is up to the Calvo Administration to make sure the cash collected is used to pay out the income tax refunds.”