taxes
Tax the super-rich
August 15, 2023
NEWS ANALYSIS
Growing billionaire wealth amid increasing poverty, worsening joblessness, and stagnant wages shows that it’s high time for the Marcos Jr administration to heed calls for a wealth tax on the country’s billionaires.
“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.
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.
Debt benefits
January 22, 2022
The national government deficit and debt are historically large amounts and so easy to raise alarms about. But if current borrowing is used productively, this debt burden is actually not necessarily unmanageable.
Tax the billionaires
September 29, 2021
IBON Executive Director on TRAIN and CREATE
July 26, 2021
CREATE Gives Up Revenues Just When They’re Needed Most
February 15, 2021
