regressive taxes
Marcos Jr’s first 100 days: The truth is out
October 8, 2022
The first 100 days are arguably the most crucial moment to make a break from the past – not just from the past administration but from poverty, inequality and underdevelopment. The Marcos Jr administration failed to do anything with this moment and, if anything, confirmed that it is unable to even imagine any real fundamental change.
New taxes to pay for Duterte indulgences, not for COVID response—IBON
May 26, 2022
The DOF’s proposed new taxes for the incoming administration are for paying off the Duterte government’s relentless borrowing for its infrastructure and debt servicing fetish, not for much-needed COVID-19 response.
Use ₱133.9-billion TRAIN revenues for ayuda – IBON
August 14, 2021
The Duterte administration can use revenue generated by its regressive TRAIN law to fund emergency cash assistance. TRAIN’s new taxes increased the prices for goods and services consumed by the majority poor Filipinos even amid the pandemic and the revenues can be used productively while the law remains.
The Few Favored Over The Many
March 27, 2021
CREATE Bill Mainly Benefits Large Firms, Not MSMEs
February 15, 2021
Duterte govt: Just Can’t Debt Enough
October 4, 2020
BY SONNY AFRICA
The debt crisis is already upon us – just not the kind that the economic managers and creditors are worried about where debt payments to lenders are interrupted.
TRAIN still inflationary with lifting of fuel excise suspension
November 30, 2018
Research group IBON said that government’s continued implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) means that TRAIN’s taxes will keep raising prices next year and make inflation higher than it should be. The group said that lifting the fuel excise tax suspension shows the Duterte administration’s insincerity and insensitivity in addressing the […]
