IBON Foundation
Under TRAIN, the majority poor do not gain from income tax reforms (TRAIN Infographic #3)
September 11, 2017
The DOF’s estimates of personal income tax gains for the poorest Filipinos erroneously assumes that the poorest Filipinos currently pay income tax. This is untrue because the BIR’s records indicate only some 5.6 million taxpayers at present who are wholly from the highest income brackets. The poorest Filipinos do not pay income tax now so, contrary […]
COMP attempting to greenwash dirty mining practices — IBON
September 7, 2017
Research group IBON said that the plan of the Chamber of Mines of the Philippines (COMP) to adopt a Canadian mining organization’s sustainable mining measures indicates that it is trying to greenwash the Philippine mining industry’s negative image. But Canadian mining corporations are notorious for their dirty operations globally, IBON pointed out, which have led […]
Under TRAIN, the poor bear the greater burden (TRAIN Infographic #2)
September 7, 2017
Under the tax ‘reform’ package which is currently being deliberated by the Philippine Senate, the poorest 60 million Filipinos will pay Php47.0 billion in additional taxes next year which is 2.3% of their combined family income of some Php2.0 trillion. The highest income 40%, meanwhile, will pay Php47.6 billion which is only 0.8% of their total family […]
RCEP: Giving Up Sovereignty and Development
September 4, 2017
IBON Foundation Statement for the Regional Comprehensive Economic Partnership (RCEP) Stakeholder Consultation Interface with DTI and Key Agencies Manila, September 4, 2017 IBON welcomes this opportunity to interact with the DTI and key agencies on their negotiations for the Philippines on the RCEP. We look forward to hearing from our country’s negotiators. We also continue to […]
RCEP talks secretive, undemocratic – IBON
September 4, 2017
Research group IBON expressed concern about the secretive and undemocratic proceedings of the Regional Comprehensive Economic Partnership (RCEP) especially considering its apparent significant impact on the country’s economy, economic sovereignty and people’s welfare. The group said that it is the Duterte administration’s responsibility to ensure genuine transparency and public consultation to uphold the interests of […]
DOF insistence on anti-poor tax package for free educ hit
August 31, 2017
Research group IBON said that the Department of Finance (DOF) should not use free education as a pretext for the Philippine Senate to pass a full version of the administration’s anti-poor tax reform package. The group also said that the administration should instead decisively tax the country’s wealthiest for national development needs. Finance secretary Carlos […]
Under TRAIN, the poorest will have less and the richest will have more (TRAIN Infographic #1)
August 30, 2017
That the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) is progressive and pro-poor is all hype. Under TRAIN the highest-earning 40% including the richest will have more money in their pockets every year, while the poorest 60% of Filipino households will have less money due to changes in personal income tax, VAT, oil excise […]
Soaring water rates after 20 years of MWSS privatization
August 24, 2017
Did water privatization result in solving the water crisis, affordable water rates?
2nd quarter growth rates point to economic headwinds
August 22, 2017
Research group IBON said that the recently released 2017 second quarter national accounts underscore the serious headwinds facing the Philippine economy. The group said that the Duterte administration should focus on building sustainable domestic foundations of growth and development rather than depend on external factors such as remittances, cheap labor business process outsourcing (BPO), and […]
