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Tag: sovereign credit

Is the Philippine national debt even an issue?

Posted on February 17, 2022February 17, 2022 By The Unpopular Opinion 2 Comments on Is the Philippine national debt even an issue?
Is the Philippine national debt even an issue?

The campaign period of the 2022 Philippine general elections has officially started. Various executive and legislative positions from national to local posts are up for grabs, where the main candidates have their eyes locked on Malacañang. Political parties and politicians propose various policies that they wish to pursue, provided that they win the elections. Most,…

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Development, Economy, Government, Money Talks

The Real Reason Why PNoy Does Not Want to Lower Income Tax

Posted on September 15, 2015September 16, 2015 By Hector Gamboa 22 Comments on The Real Reason Why PNoy Does Not Want to Lower Income Tax
The Real Reason Why PNoy Does Not Want to Lower Income Tax

So President Noynoy Aquino (PNoy), in response to proposals by some legislators, said that he is not convinced that lowering income tax rates would be beneficial to the country. He claims that: “If we lower income tax rates, revenues will be smaller while the deficit will be wider. The widening deficit will be a negative…

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Economy, Government, Politics
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