The Trump administration’s tariffs are targeting a sacred pillar of economies around the world—one that allies and rivals alike are unlikely to give up: value-added taxes. When he unveiled his ...

In the intricate landscape of Philippine taxation, the Value-Added Tax (VAT) system stands out as one of the most technical and rigorously enforced. For businesses engaged in zero-rated sales, the ...

Economists of pretty much every stripe will agree that a consumption tax has fewer negative effects than an income tax does. That’s because incentives matter. If you want more of something, then tax ...