billionaire wealth tax

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.