corporate income tax

Dropping corporate taxes, rising individual and consumption taxes

March 7, 2026

The country’s tax burden is shifting from corporations to households. Poor and middle-class women and their families are hit harder as they pay VAT and excise taxes on basic household expenses like fuel, electricity, food and transport. That’s because consumption taxes like VAT and excise taxes are regressive, taking a bigger share of their already […]

CREATE’s three mistakes

February 7, 2021

From a development perspective, the fundamental problem is that CREATE asks the wrong question: what CIT will attract foreign investment? This puts us in a mindless race-to-the-bottom where our fiscal policy is defined by what corporations want rather than what national development and upholding social and economic rights demands.