Suspending TRAIN oil taxes will lower oil prices and ease inflation—IBON

October 23, 2021

Suspending oil excise taxes, can ease the burden of rising prices on ordinary Filipinos, and revenue losses can be compensated by suspending corporate tax cuts. These can be the start of a more progressive tax system and a prelude to better regulation and control over the country’s oil industry.

TRAIN suspension, govt transparency and regulation needed to ease OPH burden

February 28, 2019

Research group IBON said that the third consecutive and big-time oil price hike only makes it more urgent for the Duterte administration to stop the oil excise taxes of the Tax Reform for Acceleration and Inclusion (TRAIN). This will lessen the impact of rising oil prices on the poorest families. The group also said that […]

Fuel more expensive due to TRAIN

February 18, 2019

Fuel prices cheaper than in 2018 if not for TRAIN

February 14, 2019

Research group IBON said that the fuel prices would be cheaper now than in 2018 without the Tax Reform for Acceleration and Inclusion (TRAIN) law. The group said that TRAIN’s additional excise taxes have prevented Filipinos from feeling the benefits of lower global oil prices. Filipinos face even higher prices with the implementation of the […]

Oil Price Hikes More Often, Unjust Under Deregulation

February 1, 2019

Oil Deregulation Begets Overpricing; TRAIN Aggravates It

January 16, 2019

Php18,855 already lost–Jeepney drivers among biggest losers from TRAIN’s oil taxes-IBON

October 31, 2018

Research group IBON said that jeepney drivers and their families have suffered huge income losses from rising pump prices on top of facing rising prices of basic goods and services. The initial and impending fare hikes give immediate relief but only temporarily. Fare hikes only worsen the burden on commuters and the government needs to […]

Dubai crude trigger price to suspend TRAIN oil taxes already reached, IBON observed

October 4, 2018

The government is already obliged to start considering suspension of its oil excise taxes as provided for under the Tax Reform for Acceleration and Inclusion (TRAIN) law, said research group IBON. The group said that oil prices have in effect already reached the trigger price for suspending excise taxes as provided in Republic Act 10963 or […]

Poor and middle class burdened most by TRAIN’s oil taxes

October 3, 2018

The higher oil excise taxes of the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) is a greater burden on the poor and middle class than the rich, said research group IBON. The poor and middle class, even those few with gains from personal income tax cuts, will suffer cuts in their standard of […]