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Will Senator Angara play Big Tobacco’s game?

Yellow Pad By AJ Montesa   In 1994, the CEOs of seven major tobacco manufacturers testified before the United States Congress regarding the health impact of tobacco consumption. Up to that point, there was still some doubt over whether cigarettes were truly directly harmful. Legislation had already been proposed to regulate the consumption of tobacco […]

The fight to raise tobacco taxes is a fight against breast cancer

Yellow Pad By Maria Asuncion Silvestre   INUTILE. That’s how I felt at my beautiful sister Mae’s bedside when she died in 1995, barely a year since arriving back home from her chemotherapy in Michigan. She had two daughters — Ynna Belen and Angela Jed, just as beautiful as her. She had beautiful dreams … […]

The conservative yet unconventional Governor

Yellow Pad By Filomeno S. Sta. Ana III Nesting Espenilla is a low-key Governor of the Bangko Sentral ng Pilipinas (BSP). He avoids the limelight, and that’s the way it should be for the head of an independent, non-political Central Bank. But unavoidably, he becomes headline news, especially during uncertain times when prices and the […]

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 […]

The tragic consequences of suspending the oil excise tax

Yellow Pad By Filomeno S. Sta. Ana III   Some quarters led by politicians (it doesn’t matter whether the politicians are pro-administration or anti-administration) have called for the suspension of the increase in the fuel excise tax brought about by the Tax Reform for Acceleration and Inclusion (TRAIN). Senator Bam Aquino is the most outspoken […]