Bulatlat.com MANILA — Research group IBON countered today the claims of National Economic and Development Authority (NEDA) Secretary Ernesto Pernia who said that substantially raising the minimum wage of Filipino workers will lead to price hikes. On the contrary, said IBON, wage hikes should not result in higher prices since they form part of the…
Excessive oil price hikes under deregulation worsen TRAIN impact
Looking at the local oil price movement from the start of the year up to May 15, the price adjustments in diesel may have been “excessive” by about P1.03 per liter and gasoline by P1.34 centavos per liter. This resulted in about P53.74 million additional collections every day from diesel and gasoline products for the oil companies. Of this amount, P6.45 million daily go to the Duterte government’s oil VAT collections (on top of its additional revenues from the TRAIN law’s oil excise taxes).
By DEE AYROSO
Black Hearts Day | Health workers slam CPD law, delayed release of bonus
Black hearts, they said, signify the government’s lack of concern for the plight of health workers, most of whom suffer from long hours of work with not enough take home pay. By ANNE MARXZE D. UMIL Bulatlat.com MANILA — On Valentine’s Day health workers took to the streets with their calls written in black hearts…
By RENAN ORTIZ
How oil deregulation and tax reform burden the poor
Such additional tax burden is enough to buy one to three kilos of rice (P27 per kilo of regular NFA rice or P37 a kilo of regular commercial rice) for their family’s consumption.
Isang mapagpalayang gabi
Ni MARK ANGELES Isang mapagpalayang gabi, mga petmalung kababayan, Mga kapwa ko mamamahayag at artista ng bayan. Maraming bagay tayong dapat pag-usapan Tungkol sa nasagap kong bulung-bulungan (Bukod sa ang Benham Rise ay bahagi na ng 9-dash line): Ang katotohanan at katarungan Nasa mahaba nang listahan ng balak ipatukhang Ng kulugong hari sa Malakanyang. Karaniwang…
With Duterte’s TRAIN, poor pay higher taxes so rich can take home more
The overwhelming majority of Filipinos do not get any income tax benefits from TRAIN. Most of the country’s total 22.7 million families do not pay income tax because they are just minimum wage earners or otherwise in informal work with low and erratic incomes. Even if TRAIN reduces income taxes paid by most of the reported 7.5 million personal income taxpayers, this still leaves as much as 15.2 million families without any income tax gains.