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Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Response to Winnie Monsod's criticism of TRAIN"

Our popular economics professor, Winnie Monsod, has written again about the current comprehensive tax reform program, also known as TRAIN (Tax Reform for Acceleration and Inclusion). Her latest column titled "An antipoor tax package" (22 July 2017, Philippine Daily Inquirer) criticizes the proposed tax reform legislation that the House of Representatives had already passed and that the Senate will soon tackle......»»

Category: financeSource: bworldonline bworldonlineJul 23rd, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "A response to Winnie Monsod"

Winnie Monsod's recent series of Philippine Daily Inquirer (PDI) columns on the tax reform bill (House Bill 5636 or TRAIN, which stands for Tax Reform for Acceleration and Inclusion) has stirred debate. The position of Action for Economic Reforms, Foundation for Economic Freedom, and like-minded groups is that despite the bill's imperfection (legislation of a difficult reform is almost always a product of compromise), the bill retains the essential good features......»»

Category: financeSource:  bworldonlineRelated NewsJun 18th, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Tax Reform Bill: A Big Advance"

The House of Representatives has finally passed on third reading the first package of the comprehensive tax reform program called TRAIN (which stands for Tax Reform for Acceleration and Inclusion)......»»

Category: financeSource:  bworldonlineRelated NewsJun 4th, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Significance of the Comprehensive Tax Reform Program aka TRAIN"

I wish it had been the talk of the town, that it would become the focus of the Rodrigo Duterte administration. I refer to what is generically called the comprehensive tax reform package (CTRP). But to distinguish it from the old CTRP (passed in 1997) duri.....»»

Category: financeSource:  bworldonlineRelated NewsNov 6th, 2016

Opinion: Yellow Pad -- Filomeno S. Sta Ana III: "Mocha, Ariana, and free college education"

Mocha Uson does not need an introduction. But a rule in journalism is not to assume that a reader is familiar with a public figure. So, here's a sketch of Mocha: an assistant secretary of Presidential Communications Operations, and a concurrent Facebook blogger who has 5.2 million likes, and an ex-movie actress who starred in Seksing Masahista, which perhaps presaged her current behavior of massaging the news......»»

Category: financeSource:  bworldonlineRelated NewsAug 7th, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "'Dutertenomics'"

"Dutertenomics" is a recently coined term to describe President Rodrigo R. Duterte's economic policies. The term is associated with programs and policies to achieve "the golden age of infrastructure.".....»»

Category: financeSource:  bworldonlineRelated NewsApr 23rd, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Whiff of Corruption?"

"Even a whiff of corruption, I will fire you." This statement and variations on the theme of the "whiff of corruption," have become President Rodrigo Duterte's byword......»»

Category: financeSource:  bworldonlineRelated NewsApr 9th, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Tax reform, the Vice-President, and impeachment"

The comprehensive tax reform package requires multi-stakeholder and multi-partisan effort. The comprehensiveness of the reforms manifests itself in its having several packages, which cover, among other things......»»

Category: financeSource:  bworldonlineRelated NewsMar 20th, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Pass the tax reform package without undue compromise"

Soon, probably tomorrow, we will know whether our economy will advance or falter......»»

Category: financeSource:  bworldonlineRelated NewsMar 12th, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Illicit drugs and the work force"

President Rodrigo Duterte insists that drugs, the illegal ones, destroy the country. He argues that the war on drugs and the killings are necessary to save the next generation of Filipinos......»»

Category: financeSource:  bworldonlineRelated NewsMar 5th, 2017

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Populism, the bad and the good"

Populism has acquired a dirty meaning. Its poster boys are usually fiery strongmen like the late Hugo Chavez of Venezuela, Donald Trump of the United States of America, and our very own Rodrigo Duterte......»»

Category: financeSource:  bworldonlineRelated NewsDec 19th, 2016

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "The House bill on tobacco tax is dangerous -- for Duterte and for the cou

The House of Bebot Alvarez, Rudy Farinas, Eric Singson, Dakila Cua, et al rubber-stamped a weak and controversial tobacco tax bill. Attempting to supplant the historic Sin Tax law passed in 2012 that corrected the structure and rates of the tobacco tax, t.....»»

Category: financeSource:  bworldonlineRelated NewsDec 12th, 2016

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III and Madeiline Joy Aloria: "Defend the unitary excise tax for cigarettes&quo

Seeking to attain health and revenue objectives, the government and reformers in civil society, the health community, and the private sector pushed for and succeeded in legislating the Sin Tax Law in 2012......»»

Category: financeSource:  bworldonlineRelated NewsNov 27th, 2016

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "Duterte: the flawed Godfather (Readings from The Godfather, part III)&quo

In BusinessWorld's "Readings from the Godfather: Reading Duterte," part 1 (June 27, 2016) and part 2 (July 12, 2016), I wrote my observation that President Rodrigo Duterte is the Filipino version of Mario Puzo's Don Corleone......»»

Category: financeSource:  bworldonlineRelated NewsSep 18th, 2016

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "The killings and the impact on investments and growth"

A BusinessWorld story titled "Killings prompt 'hesitation' among European investors" (Aug. 19, 2016) merits deeper discussion. That news item is as significant as the current headline news regarding President Duterte's accusation that Senator Leila de Lim.....»»

Category: financeSource:  bworldonlineRelated NewsAug 21st, 2016

Opinion: Yellow Pad -- Filomeno S. Sta. Ana III: "My thoughts on the war on drugs: Stop the killings, decriminalize drug us

I am afraid that amid our indignation over the spate of killings, we have not clearly articulated the effective way to stop the killings......»»

Category: financeSource:  bworldonlineRelated NewsJul 24th, 2016

Jettisoned taxes

The yellow senators and their allies seeking to win political points by seeking the suspension of the Tax Reform for Acceleration and Inclusion (TRAIN) law or some of its provisions as they complain of the backlash on consumers should give senatorial Liberal Party (LP) candidate Mar Roxas a call for backtax payments. The Daang Matuwid […].....»»

Category: newsSource:  tribuneRelated NewsDec 8th, 2018

Palace says ‘Filipinos now feel safer’ amid rise in common crimes

Filipinos feel more secure now because of the Duterte administration’s tough-on-crime rhetoric and campaign, Malacañang said Saturday in response to a new opinion poll showing a spike in proportion of families victimized by crimes......»»

Category: newsSource:  philstarRelated NewsDec 1st, 2018

Why Winnie the Pooh is popping up on your social media feeds

MANILA, Philippines – If you're wondering why the cuddly, fuzzy, and often insightful yellow bear Winnie the Pooh is suddenly all over your social media feeds, here's why: it's likely a cheeky way to "welcome" Chinese President Xi Jinping.  Xi is visiting the Philippines beginning Tuesday, November 20, until Wednesday, ........»»

Category: newsSource:  rapplerRelated NewsNov 19th, 2018

Suu Kyi stance on Rohingya indefensible - Malaysia PM | News

Aung San Suu Kyi's response to the persecution of Myanmar's Rohingya Muslims is "indefensible", Malaysia's leader said Tuesday in a withering criticism of the Nobel Peace Prize laureate shortly before.....»»

Category: newsSource:  manilanewsRelated NewsNov 14th, 2018

Mahathir: Suu Kyi stance on Rohingya indefensible

SINGAPORE, Singapore – Aung San Suu Kyi's response to the persecution of Myanmar's Rohingya Muslims is "indefensible", Malaysia's leader said Tuesday, November 13, in a withering criticism of the Nobel Peace Prize laureate shortly before sharing a stage with her. Mahathir Mohamad, 93, said he was "very disappointed" by Suu Kyi's ........»»

Category: newsSource:  rapplerRelated NewsNov 13th, 2018