“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.

May magagawa!

March 18, 2022

Upon COVID-19: Time to tax the super-rich

May 25, 2020

FEATURES

The Philippines has never had a wealth tax. For as long as there has been a tax system in the country, taxes have been collected from what people pay for what they consume or from what they earn.

Duterte’s tax reform program: Economic injustice

December 19, 2018