By DEE AYROSO
A free-flowing fountain
Our taxes are working for them.
#Undoing Duterte | Ordinary folk burdened with higher taxes, price hikes, stagnant wages
The Duterte regime may spin the narratives on the economy all they want. But all indicators show that the country is in a much worse shape today than when it took over in 2016.
#SONA coverage | COVID-19 hastens PH economic decay
As COVID-19 wipes out whatever is left of the limited opportunities for Filipinos to earn a living, the Duterte administration’s lacking response, combined with an oppressive political environment, creates conditions for a perfect storm of social unrest.
Burukrasya, buwis, buwaya
MRT’s pass-on taxes to commuters, planned hike hit
Just like Manila Water and Maynilad, the government and its Metro Rail Transit Corporation is making the public pay its corporate income taxes.
Aquino Urged to Resist Pressure for New Taxes
By BULATLAT Manila — The new administration is challenged to put forward pro-people initiatives to address the fiscal crisis, but front-running presidential candidate Sen. Benigno ‘Noynoy’ Aquino has yet to take a strong progressive position on the country’s fiscal problems, said research group IBON. The International Monetary Fund (IMF), finance officials, creditors and private sector…
Gov’t Left with Nothing More to Sell: More Taxes, Budget Deficit Likely in 2008
The Arroyo administration was able to log a P12.6-billion ($273.02 million at last year’s average exchange rate of $1:P46.15) budget surplus in the first 11 months of 2007, mainly through revenues generated from the privatization of government assets. But with not much left for the government to sell, new taxes and a budget deficit are…
Gov’t Claim of High GDP: Sustained Growth?
Poor people cannot be blamed for not sharing the government’s euphoria over the 6.4 percent growth in the gross domestic product (GDP). After all, they cannot feel such growth, and a close scrutiny of the figures shows that the latest data on the local output only reflects the kind of economy the country has. By…