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Tag: regressive tax

Tax reform should be pro-poor, progressive

June 3, 2017

Research institution IBON said that government should be willing to forge a genuinely progressive tax system instead of adopting one that remains pro-rich. The group said this upon recent Congressional approval of the first part of the Department of Finance’s (DOF) Comprehensive Tax Reform Package (CTRP).  Forging a truly progressive tax package is an important […]

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 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 […]