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income tax collections in the Philippines

With Lower Income Taxes, How Will Duterte Deal with the Philippines’ Huge National Debt?

  • Evan Tan 
Duterte's Solution to Philippine Debt Despite Lower Income Taxes

President Duterte’s photo taken from DuterteNews.com

The Duterte administration is aware of the potential risk of lowering Philippine income taxes. This is how he might manage the Philippines’ tremendous national debt—in the face of rising interest rates.

Ever wondered how much is the Philippines’ total debt?

Can you guess without Googling it? No?

Read MoreWith Lower Income Taxes, How Will Duterte Deal with the Philippines’ Huge National Debt?