regressive tax

FinalDraft_TRAINPoorFaceHigherPrices

Though welcome, the recent wage hike in the National Capital Region (NCR) does not increase the minimum wage earners’ purchasing power. The real value of the minimum wage is even falling while the people face higher taxes under government’s proposed tax ...
Photo from marketing-interactive.com

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 ...
June

Research group IBON said that the Department of Finance (DOF) should not use free education as a pretext for the Philippine Senate to pass a full version of the administration’s anti-poor tax reform package. The group also said that the ...
IBON 2017 0830 TRAIN vs poor

That the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) is progressive and pro-poor is all hype. Under TRAIN the highest-earning 40% including the richest will have more money in their pockets every year, while the poorest 60% of Filipino ...
Photo from villacortaaccounting.com

By Sonny Africa IBON FEATURES — The Tax Reform for Acceleration and Inclusion Act (TRAIN), the first part of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), has hurdled the House of Representatives (HOR) and is up for deliberations at ...
Screen Shot 2017-06-03 at 4.20.54 PM

Research institution IBON said that government should be willing to forge a genuinely progressive tax system instead of adopting one that remains pro-rich. The group said this upon recent Congressional approval of the first part of the Department of Finance’s ...
lowertaxes

As the Tax Reform for Acceleration and Inclusion Act (TRAIN) which contains the first part of the Department of Finance’s (DOF) proposed Tax Reform Package advances in Congress, research group IBON reiterated that this legislative proposal remains biased for the ...
From correctphilippines.org

by Sonny Africa (First of Two Parts) The Department of Finance (DOF) will submit a tax policy reform program to Congress in September. The administration’s economic managers are using Pres. Rodrigo Duterte’s current popularity to push an unpopular pro-rich neoliberal ...

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