Maniolas

A WIDER budget deficit under the next president will be acceptable to overseas investors, a bank analyst said, if the increased spending is poured into infrastructure and social services.

Casino Rule: The house always wins. Something to keep in mind for who study the tax system, particularly in light of the recent policy turnaround in regard to the waiver of the Statute of Limitations.

THE CUSTOMS bureau will go ahead with a fuel-marking scheme as part of an initiative to curtail smuggling.

PHILIPPINE companies and government agencies put cybersecurity on the back burner due to budget constraints, a local computer consultant said, as it called on organizations to “stop scrimping” on online security measures in the wake of the massive hacking of the Commission on Elections (Comelec) Web site.

It is barely two weeks to the May 9 elections. For months, we have been hearing many promises from the presidential candidates, and it cannot be denied that one of the things that might win over a voter is a candidate’s take on tax reform. To be sure, tax reform is one of many aspects of governance that a president needs to consider, apart from fighting crime and corruption, defending sovereign territory, and growing the economy, to name a few. But what makes many of these initiatives possible is a well-managed treasury, funded by the taxes we pay. Therefore presidential candidates really ought to speak more about what they plan to do with the tax system.