Tax Reform for Acceleration and Inclusion

Under TRAIN, the poorest will have less and the richest will have more (TRAIN Infographic #1)

August 30, 2017

That the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) is progressive and pro-poor is all hype. Under TRAIN the highest-earning 40% including the richest will have more money in their pockets every year, while the poorest 60% of Filipino households will have less money due to changes in personal income tax, VAT, oil excise […]