
NYC mayor proposes $127B budget, property tax hike for the wealthy
Mayor says taxing the wealthy is fairer route than broad property tax increases to close city budget gap.
· 3 min read
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Mayor says taxing the wealthy is fairer route than broad property tax increases to close city budget gap.
· 3 min read

CAGAYAN DE ORO CITY — Inflation in Northern Mindanao picked up in January 2026, hitting 1.4 percent, up from 0.9 percent in December, the Philippine Statistics…
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Inflation in Central Visayas continued its upward climb for the sixth straight month, reaching 5.6 percent in January 2026, up from 3.8 percent in December…
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Power consumers will see higher transmission charges in their February electric bills due to a jump in transmission rates.
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The Land Transportation Franchising and Regulatory Board (LTFRB) announced that it may evaluate a possible fare increase for public utility vehicles following…
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Volatility in generation costs can change rapidly, but consumer incomes do not adjust as quickly.
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House Majority Leader Sandro Marcos is seeking the passage of a measure that would significantly increase monthly cash grants for education, health care, and…
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The motoring public will likely face higher transport and fuel costs next week as pump prices are expected to rise, with oil companies set to announce…
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Philippine agriculture grew by 3.1 percent in 2025, its fastest pace in eight years, signaling a possible turnaround for a sector long challenged by weather…
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The motoring public is likely to face higher transport and fuel costs next week as oil companies prepare to implement pump price adjustments starting Tuesday,…
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Manila Mayor Francisco “Isko Moreno” Domagoso said Wednesday that the closure of a nearby landfill and the shift to a disposal site in Rizal have tripled…
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Motorists and households will feel another hit to their budgets starting this morning, as fuel prices rise across the board — marking yet another increase…
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The Department of Budget and Management (DBM) has allocated P21.7 billion for the first phase of base pay increases for military and uniformed personnel,…
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Bank of the Philippine Islands (BPI) said it recorded P1.81 billion in total disbursements through its earned wage access solutions by the end of 2025,…
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A top official of the Employers Confederation of the Philippines (ECOP) has urged lawmakers to refrain from legislating wage hikes that are unfair to employers…
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However, she noted that final adjustments have yet to factor in oil companies’ operating cost and other premiums.
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In the context of a limited government budget, it’s crystal clear that the MUP partake of more and the civilian non-uniformed counterpart of less, yet both are…
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