Image credits: Jimbo Albano
Editorial Cartoon March 21, 2023
Image credits: Jimbo Albano
The 1969 Santa Barbara oil spill was the largest oil spill in United States by the time it happened. While it was a disastrous incident, killing thousands of birds, fish and intertidal invertebrates, along with many dolphins, elephant seals and sea lions, the legacy of the Santa Barbara oil spill is lasting and impressive and includes the creation of the National Environmental Policy Act, the US Environmental Protection Agency, and National Marine Sanctuaries system, which until today is seriously protecting important marine ecosystems around the United States.
BEFORE anything else, The Bridge is pleased to commence this endeavor humbled by the trust and confidence of the people behind the ALC Media Group.
Once upon a time, the BIR issued a revenue regulation (RR) that requires broker dealers to divulge personal information of their clients such as TIN, birthdate, and address. It anchored its directive from the Tax Code where the Commissioner may mandate anyone to reveal information necessary in the performance of his functions. The said RR is a test on how far the Commissioner can stretch this power. If upheld, the floodgates will be opened, and everyone’s personal information will be out in the cold.