taxes

What, more tax cuts on the rich…?

October 29, 2024

We should be skeptical about this nonsense that tax incentives for companies to establish corporate pension plans will create wealth for Filipino workers.

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