As part of AER’s tax policy, we are supporting legislation that aims to phase out redundant tax incentives that cost billions of pesos in lost revenues and to put in place a well-targeted and a performance-based fiscal incentives system. While fiscal incentives, in their current design, administration, and context, may have proven to be of little value when it comes to encouraging investments, the notion of providing effective subsidies to worthy investors should not altogether be abandoned.
Mr. Timothy F. Geithner
U.S. Treasury Secretary-designate
Dear Mr. Secretary-designate:
The undersigned are encouraged by your responses to questions from the
Senate Finance Committee about the Obama administration’s position on
This briefing paper about the global crisis and its consequences is mainly intended for the use of non-government development organizations (NGDOs), especially those working in East Asia. The paper intends to help public policy reformers, writers and researchers, educators and trainers, and grassroots cadres or activists have a better grasp of the nature of the crisis and its implications on their work. The paper also hopes to facilitate public discussion and debate especially involving civil society organizations.
Domestic tax revenues are an essential source of financing for development. However, compared to other key development financing topics such as trade, aid, and debt, taxation has only received limited attention so far. This paper describes some of the main problems that undermine direct tax revenues in developing countries, with a focus on tax evasion and aggressive tax avoidance by multinational corporations (MNCs).
We, individual faculty of the Ateneo de Manila University, call for the immediate passage of House Bill 5043 on “Reproductive Health and Population Development” (hereafter RH Bill) in Congress. After examining it in the light of Philippine social realities, and informed by our Christian faith, we have reached the conclusion that our country urgently needs a comprehensive and integrated policy on reproductive health and population development, as provided by the RH Bill. We also believe that the provisions of the bill adhere to core principles of Catholic social teaching: the sanctity of human life, the dignity of the human person, the preferential option for the poor and vulnerable, integral human development, human rights, and the primacy of conscience.
The draft peace pact with the Moro Islamic Liberation Front (MILF) was flawed from the start, but aborting the peace process altogether and shackling the hands of future negotiators is not the way to go. From Day One, the MILF should have known that it was negotiating with an impostor government that bore a spurious mandate (thanks to Garci) and harbored questionable motives (thanks to Charter change), and— given the public outrage and suspicions—was terribly out of touch with the pulse of the sovereign people it purported to represent.
However, the anti-ancestral domain rhetoric is getting out of hand, and we must rein in the over-zealous and over-legalistic. Let us remind ourselves of the genuine grievances that historically have pushed Islamic Filipinos to wage war. We mustn’t effectively block peace negotiations in the future just to stop the deficient Memorandum of Agreement (MOA) on ancestral domain with the MILF now.