Tax Reforms
Duterte admin’s econ direction troubling, but peace talks may stir change?
January 18, 2017
While the unorthodox Pres. Rodrigo Duterte gained popular support due to its pro-poor pronouncements and promise of change, research group IBON said that the neoliberal economic agenda prevails as Duterte’s economic managers and other dominant groups push big business-biased/free market-oriented policies over people-centered reforms. Nevertheless, IBON also said that the ongoing peace negotiations between the […]
Fuel excise tax more burden than boon for poor — IBON
January 9, 2017
Research group IBON said that the fuel excise tax being pushed by President Duterte’s economic managers will increase taxes on already burdened poor and low income wage earners. The group said that the Duterte administration should redesign the tax system to tax the richest who have the huge ability to pay more and relieve […]
Tax the richest to provide much-needed social services, Duterte gov’t urged
September 27, 2016
Research group IBON remarked that the Department of Finance’s (DOF) proposed tax plan essentially remains elitist and is inconsistent with President Duterte’s pro-poor stance. Following the president’s lead, government should be brave enough to tax the richest businesses and families instead of burdening the poor with new taxes. The DOF on Monday submitted to Congress […]
World Bank tax help unwelcome
September 20, 2016
Research group IBON said that the World Bank’s recent offer to assist the Department of Finance (DOF) with its tax reform plan, although not surprising, is unwelcome news. The World Bank with twin global financial pillar International Monetary Fund (IMF) has long been at the forefront of designing the Philippines’ regressive tax system, including providing […]
DOF tax reforms relieve rich while burdening poor–IBON
September 5, 2016
Research group IBON said that the Department of Finance’s (DOF) proposed tax reform program relieves the rich and burdens the poor. The group said that this will worsen inequality in the country and should be replaced by a tax program that taxes the rich instead and is backed with the required political will. The DOF […]
TAX GANERN! DOF’s Tax Reforms Tax the Poor and Relieve the Rich (Part 2)
September 2, 2016
by Sonny Africa (Second of Two Parts) Read Part 1 Significant additional revenues can be raised with some basic reforms in the country’s regressive and pro-elite tax system. This is the most rational and sustainable way of ensuring that there are resources for social and economic spending biased for the needs of the poor majority […]
