Tag: taxes

How do the senatoriables fare?: TRAIN LAW

March 22, 2019

WHO’S SCARED TO DEBATE THE TRAIN LAW? The TRAIN Law implemented since 2018 increased the tax burden on tens of millions of the poorest Filipinos while lowering taxes on higher income families including the country’s richest. Some lawmakers have reconsidered but others still defend the indefensible. Most aspiring senators are justifiably critical. Who’s who?

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 […]

The Tale of a China-funded Dam

October 3, 2018

Read more: http: https://www.ibon.org/2018/09/no-to-large-dams-mwss-water-security-roadmap-may-cause-more-insecurity-wpn/

Poor Filipino families worst hit by rising July 2018 inflation

August 8, 2018

Research group IBON said that faster inflation largely due to rising food prices hits poor households the worst. The group also said that the Duterte administration’s proposal to increase food imports is short-sighted, and that the best defense against rising food prices and high inflation is to increase domestic food supply through long-term solutions that […]

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 […]

TRAIN-driven rising cost of living makes wage hike urgent

July 9, 2018

Research group IBON said that tax-driven inflation is making the meager wages of poor Filipinos fall even further behind the rising cost of living. The group said this makes it even more urgent for the government to immediately raise wages even as it revisits the Tax Reform for Acceleration and Inclusion (TRAIN) law behind the […]

Double taxes on oil show govt’s lack of concern for poor – IBON

February 23, 2018

Slapping additional taxes on oil products makes the Tax Reform for Acceleration and Inclusion (TRAIN) law anti-poor, research group IBON said. Contrary to the argument that the new law is ‘fair’, the group said that these oil taxes should be scrapped for the benefit of millions of Filipinos who will otherwise continue to suffer the […]

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 […]

Tax reform should be pro-poor, progressive

June 3, 2017

Research institution IBON said that government should be willing to forge a genuinely progressive tax system instead of adopting one that remains pro-rich. The group said this upon recent Congressional approval of the first part of the Department of Finance’s (DOF) Comprehensive Tax Reform Package (CTRP).  Forging a truly progressive tax package is an important […]