wealth tax

The scourge of price hikes

April 16, 2022

Prices keep rising, cash subsidies are limited, and real wages keep falling. The situation will not get better if the government does not acknowledge that the rampant jobs crisis and worsening poverty are huge problems that require big solutions.

Tax the billionaires

September 29, 2021

Billionaire tax

September 27, 2021

The Duterte administration’s economic managers have for too long been more concerned about the wealth of a few than the plight of the many. But collecting just a fraction of the huge wealth of the few is a step to redistributing wealth towards the working people who did so much to create it. Related read: […]

Billionaire tax can fund ayuda and health–IBON

September 27, 2021

The Duterte government’s insistence that it lacks funds for a bigger COVID-19 response does not hold water. Substantial revenues can be raised by taxing the country’s super-rich who can well afford to contribute much more to pandemic response and other needs.

Shifting to MGCQ a short-sighted and desperate move without containing pandemic–IBON

February 18, 2021

Easing restrictions will not spur recovery without a real fiscal stimulus while risking the more rapid spread of COVID-19

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.

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.