Wealth tax the way to go in this crisis

Solita Collas-Monsod - @inquirerdotnet 05/08/2021

Anent last week’s column, which suggested that the Philippines impose a wealth tax on its wealthiest Filipino families, proceeds of which would be used to finance the war against COVID-19 and its victims, it turns out that…

Impose wealth tax on our billionaires

Solita Collas-Monsod - @inquirerdotnet 05/01/2021

US President Joe Biden was met with thunderous applause when he revealed that he would finance the cost of his $1.8 trillion American Families Plan announced three days ago, by making sure corporate America and the wealthiest…

Why the CREATE Law is a big scam

Solita Collas-Monsod - @inquirerdotnet 04/24/2021

The CREATE (Corporate Recovery and Tax Incentives for Enterprises) Law, which is the second package of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), has to be one of the biggest scams perpetrated on the Filipino people…

Incompetence in the first degree

Solita Collas-Monsod - @inquirerdotnet 04/17/2021

As I write this column, I am preparing to go to our village vaccine center and be vaccinated against COVID-19. I am loathe to do so, because the administered vaccine is Sinovac, which is not even part…

The cost of Chinese poaching in WPS

Solita Collas-Monsod - @inquirerdotnet 04/10/2021

Watching what is happening in Myanmar—the people being killed by the military who are sworn to defend them—my mind hearkens back to our Edsa Revolt against the Marcos dictatorship. Myanmar, in free and fair elections, repudiated their…

Palawan and 1Sambayan: There’s hope

Solita Collas-Monsod - @inquirerdotnet 03/20/2021

There’s light at the end of the tunnel, Reader. Two events this week have convinced me. The results of the Palawan plebiscite, on their own, actually already had my heart leaping with joy. Only consider: On one…

A white elephant in 50 years

Solita Collas-Monsod - @inquirerdotnet 01/30/2021

You’ve heard the saying, Reader: The road to hell is paved with good intentions. Well, the Bulacan International Airport, aka New Manila International Airport, aka San Miguel Aerocity, may be a good example. You remember when Ramon…

Comparing democratic institutions — US vs PH

Solita Collas-Monsod - @inquirerdotnet 01/09/2021

Make no mistake, Reader. Democracy has been under vicious assault in the United States since before November. Last Wednesday’s mob march on the US Capitol was just the latest, egged on by the prime instigator, in a…

When gov’t ignores its own plan

Solita Collas-Monsod - @inquirerdotnet 12/12/2020

The World Bank launched earlier this week its Philippine Economic Update, entitled “Building a Resilient Recovery.” One of its key findings was that the country’s GDP will likely shrink by about 8.1 percent in 2020. That implies…

COVID-19 economy: What are we doing wrong?

Solita Collas-Monsod - @inquirerdotnet 12/05/2020

How is it that a country like the Philippines, “which by all the usual metrics of having ‘strong macroeconomic fundamentals’ pre-COVID-19, both relative to its own past history and relative to its regional neighbors, would end up…

A P1.84-trillion loss—due to gov’t bungling

Solita Collas-Monsod - @inquirerdotnet 11/28/2020

What has the country lost to COVID-19? This column will not deal with the number of deaths (8,242), or the number of cases (424,297), or translate these into all sorts of indicators, like number of work days…

Three takeaways from the US elections

Solita Collas-Monsod - @inquirerdotnet 11/14/2020

Reader, I have three takeaways from the results of the US elections, and I wonder whether they are the same as yours. My first takeaway is the question: After four years of Trumpian lies and abuse of…

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