corporate income tax

Dropping corporate taxes, rising individual and consumption taxes

Marso 7, 2026

The country’s tax burden is shifting from corporations to households. Poor and middle-class women and their families are hit harder as they pay VAT and excise taxes on basic household expenses like fuel, electricity, food and transport. That’s because consumption taxes like VAT and excise taxes are regressive, taking a bigger share of their already […]

IBON Executive Director on TRAIN and CREATE

Hulyo 26, 2021

The Few Favored Over The Many

Marso 27, 2021

CREATE Gives Up Revenues Just When They’re Needed Most

Pebrero 15, 2021

CREATE Bill Mainly Benefits Large Firms, Not MSMEs

Pebrero 15, 2021

CREATE Proponents Make Up Economic Gains

Pebrero 15, 2021

CREATE’s three mistakes

Pebrero 7, 2021

From a development perspective, the fundamental problem is that CREATE asks the wrong question: what CIT will attract foreign investment? This puts us in a mindless race-to-the-bottom where our fiscal policy is defined by what corporations want rather than what national development and upholding social and economic rights demands.