Tax Reform for Acceleration and Inclusion
Next fuel excise tax tranche will sustain high prices
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON
Fuel prices would be even lower if not for TRAIN
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON
Despite rollbacks, TRAIN makes fuel more expensive–IBON
December 4, 2018
Research group IBON said that even with recent oil price rollbacks, the Duterte administration’s Tax Reform for Acceleration and Inclusion law (TRAIN) increases fuel prices with an inflationary effect burdening the poor more than the rich. IBON pointed out that rollbacks have always been proven to be temporary and stressed that TRAIN’s taxes make fuel […]
TRAIN-1B tax amnesty worsens PH tax inequities
November 27, 2018
The Duterte administration is set to make the country’s tax system even more regressive and inequitable with the looming passage into law of Tax Reform for Acceleration and Inclusion (TRAIN) Package 1B which is yet another tax amnesty package for the rich. Research group IBON said that TRAIN-1B rewards tax delinquents for bad behavior and […]
Lowest-income households have lost as much as Php6,800 to high inflation
November 6, 2018
The incomes of the country’s poorest households have eroded after ten months of accelerating inflation. Research group IBON estimates that the poorest 60 million Filipinos have suffered income losses of anywhere from Php2,500 to as much as Php6,800 because of worsening inflation since the start of 2018. The inflation rate has increased from 3.4% in […]
New large dams onerous for Filipinos — IBON
October 5, 2018
Research group IBON joined other concerned groups and advocates to launch a network opposed to the the Kaliwa, Kanan, and Laiban dam projects of the Duterte administration. The group said that large dams do not deliver their promised benefits and are harmful to communities. Filipinos will be saddled with higher taxes, to pay for their […]
Inflation worsening: Gov’t should act fast as households’ incomes hemorrhage
October 5, 2018
Research group IBON said that inflation has not tapered off as government projected but has accelerated in September, highlighting government’s continued neglect in addressing rapidly rising prices of goods and services. The group said that government continues to push failed neoliberal measures, while feigning concern for Filipino families struggling with a quickly falling purchasing power. […]
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 […]
Infographic: Large Dams Under the Flagship Infrastructure Projects of the Duterte Administration
October 4, 2018
Eight large dams are targeted for construction under the Duterte administration’s flagship infrastructure projects. These dams pose a threat to communities such as displacement and flooding. The cost for building them will also be passed onto consumers through taxes and high water and electricity rates. Read more: https://bit.ly/2yjISwz
