November 26, 2020
The Duterte administration doesn’t really care to stimulate the economy and is still taking care of big business instead of the economy or the people.
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?
January 14, 2019
December 31, 2018
December 19, 2018
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 […]
November 30, 2018
Research group IBON said that government’s continued implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) means that TRAIN’s taxes will keep raising prices next year and make inflation higher than it should be. The group said that lifting the fuel excise tax suspension shows the Duterte administration’s insincerity and insensitivity in addressing the […]
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 […]
October 16, 2018
The Duterte administration’s announcement that it will suspend the next round of fuel excise taxes will not lower current high prices and at best only lessens TRAIN’s inflationary impact next year, research group IBON said. It is however a welcome admission of the inflationary impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law, […]