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AER Statement on the Passing of BSP Governor Nestor Espenilla Jr.

Action for Economic Reforms deeply mourns the passing of Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr. due to cancer. Governor Espenilla was a well-respected reformer and economist, whose years in public service were a testament to his dedication and devotion to the Filipino people. He was a mix of conservative, progressive and […]

TRABAHO: Setting free an urgent reform

Yellow Pad By Jenina Joy Chavez   The House of Representatives passed the Tax Reform for Attracting Better and High-Quality Opportunities or TRABAHO Bill in early September. The first major component of TRABAHO is the reduction of the corporate income tax (CIT) rate to 20% over a period of nine years, starting 2021. The Philippines […]

Low-cost housing for the rich

Yellow Pad By Madeiline Joy Aloria   The Housing and Urban Development Coordinating Council (HUDCC) estimates that the country’s total housing backlog will accumulate to 3.6 million units by the end of 2018. For some politicians, addressing this long-existing problem means giving the most generous tax and non-tax perks to real estate developers. This is […]

PRESS RELEASE: Senate urged to oppose low tobacco tax rate in bicam bill

PRESS RELEASE 12 December 2017   Senators urged to oppose low tobacco tax rate in bicam bill   “We appeal to our pro-health senators to reject the tobacco tax provision in the tax reform bicameral report because the very low rate of increase falls short of the health goals, specifically its inadequacy to generate revenue […]