sovereign credit – Get Real Post

Is the Philippine national debt even an issue?

February 17, 2022February 17, 2022 The Unpopular Opinion 2 Comments

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,…

Development, Economy, Government, Money Talks

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

September 15, 2015September 16, 2015 Hector Gamboa 22 Comments

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…

Economy, Government, Politics