Tax billionaire wealth to raise revenues

October 11, 2022

Government refuses to cut oil taxes because of revenue losses. Taxing the super-rich however will help raise revenues—a wealth tax on 2,945 billionaires can contribute Php469 billion to government coffers. This is even bigger than the Php197.3-billion revenue collected from TRAIN’s oil excise tax in 2019-2020 which disproportionately burdened the poor.

Suspending TRAIN oil taxes will lower oil prices and ease inflation—IBON

October 23, 2021

Suspending oil excise taxes, can ease the burden of rising prices on ordinary Filipinos, and revenue losses can be compensated by suspending corporate tax cuts. These can be the start of a more progressive tax system and a prelude to better regulation and control over the country’s oil industry.

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.

IBON Executive Director on TRAIN and ayuda funds

July 31, 2021

IBON Executive Director on TRAIN and ayuda funds

Why make the poor pay for COVID-19 response?

May 24, 2020

COMMENTARY

There’s more than enough money for all the COVID-19 response we need – the Duterte administration just has to take the side of the people and stop being so scared of the rich.

The truth about TRAIN

July 10, 2019

#MalalangEkonomiya #MayMagagawa #PeopleEconomic #PeoplesSONA2019

Regressive TRAIN Law A Foreign Dictate

June 13, 2019

On Sin Tax: Raise direct taxes rather than consumer taxes –IBON

June 7, 2019

Research group IBON said that the passing of the Sin Tax Reform Bill made the country’s tax system more regressive by increasing consumer taxes that burden the poor while cutting income tax and corporate tax that make the rich even richer. As part of the government’s tax reform agenda, Senate Bill No.2233 or the Sin […]

2019 midterm elections results: Harsher policies ahead

May 26, 2019

Administration-backed bets dominated the 2019 midterm elections especially in the Senate. The Duterte administration will certainly fast track its priority neoliberal policies as soon as the 18th Congress opens. It already used its super-majority in the 17th Congress to pass socioeconomic measures aggravating the country’s jobs crisis, poverty, and underdevelopment. More and harsher ones loom […]