Tag: TRAIN Law

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 worsens burden of inflation on poor – IBON

June 7, 2018

Almost 18 million Filipino families are already hard-pressed to survive on incomes below the family living wage of Php30,000 per month estimated by IBON Research group IBON said that higher prices as reflected in the accelerating May 2018 inflation bears heavily on the poor, and that the recently passed Tax Reform for Acceleration and Inclusion […]

January inflation partially due to TRAIN—IBON

March 2, 2018

No cash transfers to cover January inflation, with prices going even higher in the months and years to come The Department of Finance (DOF) said that January inflation was not caused by the Tax Reform for Acceleration and Inclusion (TRAIN) law. Research group IBON however points out that the new tax program definitely contributed to […]

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 […]