tax reform
“Louis Vuitton” tax inferior to billionaire wealth tax – IBON
January 19, 2023
A higher consumption tax on luxury goods is desirable but is not a substitute for a wealth tax which can raise far more revenues for social and economic development.
CREATE bill not a stimulus-IBON (Philippine Star)
June 19, 2020
Repeal TRAIN to moderate impact of fuel prices
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON
Poorest 60% of households suffer income loss due to TRAIN
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON
Next fuel excise tax tranche will sustain high prices
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON
Fuel prices would be even lower if not for TRAIN
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON
Dubai crude trigger price to suspend TRAIN oil taxes already reached, IBON observed
October 4, 2018
The government is already obliged to start considering suspension of its oil excise taxes as provided for under the Tax Reform for Acceleration and Inclusion (TRAIN) law, said research group IBON. The group said that oil prices have in effect already reached the trigger price for suspending excise taxes as provided in Republic Act 10963 or […]
Poor and middle class burdened most by TRAIN’s oil taxes
October 3, 2018
The higher oil excise taxes of the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) is a greater burden on the poor and middle class than the rich, said research group IBON. The poor and middle class, even those few with gains from personal income tax cuts, will suffer cuts in their standard of […]
Minimum Wage Insufficient
September 6, 2018
The National Capital Region (NCR) daily minimum wage with Php30 Cost of Living Allowance (COLA) totaling Php512 is not enough for a family of five members to be able to afford their basic needs. The minimum wage in the rest of the country’s regions is set at even lower levels.
