Tag: tax reform package

Repeal TRAIN to moderate impact of fuel prices

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Poorest 60% of households suffer income loss due to TRAIN

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

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

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

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 […]

Govt anti-inflation measures inadequate and anti-agriculture

October 2, 2018

Research group IBON said that the Duterte administration’s anti-inflation measures are reckless stop-gap measures that will ironically harm domestic agriculture, displace farmers and fisherfolk, and worsen food insecurity. The group also said that the government should use its vast authority to take much more decisive steps to reduce inflation. President Duterte issued Administrative Order (AO) […]