Why wealth taxes can help tame inflation

Oct 13, 2026

MANILA, Philippines — Inflation has surged, and the pain is clearest at the market stall. The current episode is largely supply-side, with food, fuel, fertilizer, feed grains, weather shocks and distribution bottlenecks raising the cost of producing and delivering goods. Rice inflation alone was running near 20 percent in August, according to the Philippine Statistics

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