billionaire wealth tax

How much will taxing billionaire wealth raise to help ordinary Filipinos?

March 29, 2026

The government’s declaration of a national emergency will need large funding to be meaningful. A billionaire wealth tax generating at least Php500 billion will help ensure that more Filipinos will be given more help for as long as they need.

Oil shocks risk further erosion of Filipinos’ purchasing power

March 10, 2026

Many Filipinos’ meager incomes will not keep pace with the rising cost of living driven by higher fuel prices.

IBON Executive Director on the new VAT on digital services

October 3, 2024

The new VAT on digital services is the latest regressive tax on the poor and middle class who already suffer stagnant incomes, falling savings, and rising prices.