Tag: personal income tax

Group refutes government’s defense of TRAIN

July 23, 2018

In a consumer forum held in anticipation of the third State of the Nation Address, research group IBON debunked the Duterte administration’s avid defense of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. The group said that contrary to government’s pronouncements, the tax program is not beneficial to the poor majority of Filipinos and […]

Slow TRAIN cash transfers highlight govt’s insensitivity–IBON

February 27, 2018

The poor will get relief about three months into suffering TRAIN-induced price increases with millions of others only getting it much later  Research group IBON said that the slow implementation of the Duterte administration’s social mitigation measures including its cash subsidies highlights how these are just an afterthought to cover up how the Tax Reform […]

Even more money for the rich under TRAIN law – IBON

January 12, 2018

The rich and other higher income groups will have larger take home pay than previously estimated under the new tax law, while the poor will still bear the brunt of paying higher taxes, said research group IBON. IBON said that the highest earning 40% or about 9.1 million households will have even more money in […]

Downplaying the price impact of TRAIN dishonest and insensitive–IBON

January 8, 2018

Petroleum excise taxes proven to be very inflationary in the past The administration persistently downplays certain increases in the prices of goods and services, research group IBON’s Executive Director Sonny Africa said. This is dishonest and insensitive to the burden that the Tax Reform for Acceleration and Inclusion (TRAIN) imposes on the poor to avoid […]

No thanks: US behind Duterte’s anti-poor tax reform

November 13, 2017

At the onset of the much-anticipated first-ever bilateral talks between United States president Donald Trump and President Rodrigo Duterte on Philippine soil, it should be reiterated that the US has a hand in what would be the most anti-poor tax program in the country’s history. The Tax Reform for Acceleration and Inclusion (TRAIN) exemplifies how […]

Hindi Totoong Maka-mahirap Ang TRAIN Ni Duterte

October 11, 2017

  Ano ang TRAIN? Itinuturing na ‘urgent’ ng gubyernong Duterte ang Tax Reform for Acceleration and Inclusion o TRAIN. Layunin ng TRAIN na makalikom ng P1.3 trillion para tustusan ang Build! Build! Build! o ang engrandeng programa sa imprastruktura ng pamahalaan. Itutulak daw nito ang pambansang pag-unlad at ang kapakanan ng mahihirap. Sa ilalim ng […]

Majority not in favor of tax reform proposals – IBON Survey

September 13, 2017

The latest survey of research group IBON showed that majority of Filipinos do not approve of almost all proposals under the first package of the Duterte administration’s proposed tax reform program. Survey respondents were informed that the government has a proposed tax reform package. They were presented with a list of some of the tax […]

Under TRAIN, the poor bear the greater burden (TRAIN Infographic #2)

September 7, 2017

Under the tax ‘reform’ package which is currently being deliberated by the Philippine Senate, the poorest 60 million Filipinos will pay Php47.0 billion in additional taxes next year which is 2.3% of their combined family income of some Php2.0 trillion. The highest income 40%, meanwhile, will pay Php47.6 billion which is only 0.8% of their total family […]

DOF tax reforms relieve rich while burdening poor–IBON

September 5, 2016

Research group IBON said that the Department of Finance’s (DOF) proposed tax reform program relieves the rich and burdens the poor. The group said that this will worsen inequality in the country and should be replaced by a tax program that taxes the rich instead and is backed with the required political will. The DOF […]