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IBON Foundation

Billionaire tax

September 27, 2021

The Duterte administration’s economic managers have for too long been more concerned about the wealth of a few than the plight of the many. But collecting just a fraction of the huge wealth of the few is a step to redistributing wealth towards the working people who did so much to create it. Related read: […]

Billionaire tax can fund ayuda and health–IBON

September 27, 2021

The Duterte government’s insistence that it lacks funds for a bigger COVID-19 response does not hold water. Substantial revenues can be raised by taxing the country’s super-rich who can well afford to contribute much more to pandemic response and other needs.

IBON Executive Director on 2022 budget preventing speedy recovery

September 25, 2021

The 2022 budget prevents speedy recovery. Doesn’t spend enough to stimulate the economy and even spends on the wrong things.

Hidden ill-gotten wealth makes Marcoses richest in Philippines

September 21, 2021

How have the Marcoses been able to be so politically influential even long after being driven out of Malacañang in disgrace in 1986? The failure to recover their stolen loot counts for a lot.

Golden years?: The real long-lasting economic damage wrought by Marcos

September 21, 2021

The Marcos administration was notorious for world-beating cronyism and corruption. But this is not enough to fully explain the worst economic collapse in Philippine history and continued decline long after the dictatorship was overthrown.

On military modernization: Money for nothing

September 16, 2021

There have been a series of mishaps lately, involving newly acquired AFP aircraft. Yet, the Duterte government continues to prioritize defense in the 2022 budget, particularly AFP modernization.