progressive tax
Even more money for the rich under TRAIN law – IBON
January 12, 2018
The rich and other higher income groups will have larger take home pay than previously estimated under the new tax law, while the poor will still bear the brunt of paying higher taxes, said research group IBON. IBON said that the highest earning 40% or about 9.1 million households will have even more money in […]
No thanks: US behind Duterte’s anti-poor tax reform
November 13, 2017
At the onset of the much-anticipated first-ever bilateral talks between United States president Donald Trump and President Rodrigo Duterte on Philippine soil, it should be reiterated that the US has a hand in what would be the most anti-poor tax program in the country’s history. The Tax Reform for Acceleration and Inclusion (TRAIN) exemplifies how […]
Hindi Totoong Maka-mahirap Ang TRAIN Ni Duterte
October 11, 2017
Ano ang TRAIN? Itinuturing na ‘urgent’ ng gubyernong Duterte ang Tax Reform for Acceleration and Inclusion o TRAIN. Layunin ng TRAIN na makalikom ng P1.3 trillion para tustusan ang Build! Build! Build! o ang engrandeng programa sa imprastruktura ng pamahalaan. Itutulak daw nito ang pambansang pag-unlad at ang kapakanan ng mahihirap. Sa ilalim ng […]
IBON: DOF insistence on its tax package confirms anti-poor, pro-rich Dutertenomics
September 15, 2017
Research group IBON said that the Department of Finance’s (DOF) resistance to even minor changes in its proposed tax reform program confirms the anti-poor and pro-rich character of the Duterte administration’s economic policies. The Senate Ways and Means Committee proposed minor changes to shift some tax burden from the poor to the rich at its […]
Majority not in favor of tax reform proposals – IBON Survey
September 13, 2017
The latest survey of research group IBON showed that majority of Filipinos do not approve of almost all proposals under the first package of the Duterte administration’s proposed tax reform program. Survey respondents were informed that the government has a proposed tax reform package. They were presented with a list of some of the tax […]
Buwis(et)! DOF’s Top 5 Tax Reform Lies
June 20, 2017
By Sonny Africa IBON FEATURES — The Tax Reform for Acceleration and Inclusion Act (TRAIN), the first part of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), has hurdled the House of Representatives (HOR) and is up for deliberations at the Senate. The Department of Finance (DOF) targets approval of TRAIN, or House Bill No. […]
Pro-rich, anti-poor tax program passes through House committee –IBON
May 5, 2017
As the Tax Reform for Acceleration and Inclusion Act (TRAIN) which contains the first part of the Department of Finance’s (DOF) proposed Tax Reform Package advances in Congress, research group IBON reiterated that this legislative proposal remains biased for the rich and burdens the poor. With the majority approval of the House of Representatives committee […]
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 […]
TAX GANERN! DOF’s Tax Reforms Tax the Poor and Relieve the Rich (Part 1)
September 2, 2016
by Sonny Africa (First of Two Parts) The Department of Finance (DOF) will submit a tax policy reform program to Congress in September. The administration’s economic managers are using Pres. Rodrigo Duterte’s current popularity to push an unpopular pro-rich neoliberal tax agenda. The proposed program lowers the tax burden on the rich and on big […]
