personal income tax

Illustration by Jose Erwin Mallare

The rich and other higher income groups will have larger take home pay than previously estimated under the new tax law, while the poor will still bear the brunt of paying higher taxes, said research group IBON. IBON said that ...
Photo by Ariel Opera for NDBC News

Petroleum excise taxes proven to be very inflationary in the past The administration persistently downplays certain increases in the prices of goods and services, research group IBON’s Executive Director Sonny Africa said. This is dishonest and insensitive to the burden ...
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At the onset of the much-anticipated first-ever bilateral talks between United States president Donald Trump and President Rodrigo Duterte on Philippine soil, it should be reiterated that the US has a hand in what would be the most anti-poor tax ...
Tax_GabayTalakay2

  Ano ang TRAIN? Itinuturing na ‘urgent’ ng gubyernong Duterte ang Tax Reform for Acceleration and Inclusion o TRAIN. Layunin ng TRAIN na makalikom ng P1.3 trillion para tustusan ang Build! Build! Build! o ang engrandeng programa sa imprastruktura ng ...
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The latest survey of research group IBON showed that majority of Filipinos do not approve of almost all proposals under the first package of the Duterte administration’s proposed tax reform program. Survey respondents were informed that the government has a ...
Final_TRAIN_1PoorBearsBurden

Under the tax ‘reform’ package which is currently being deliberated by the Philippine Senate, the poorest 60 million Filipinos will pay Php47.0 billion in additional taxes next year which is 2.3% of their combined family income of some Php2.0 trillion. The highest ...
Economy not going strong

Research group IBON said that the Department of Finance’s (DOF) proposed tax reform program relieves the rich and burdens the poor. The group said that this will worsen inequality in the country and should be replaced by a tax program ...

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