TRAIN Law
TRAIN still inflationary with lifting of fuel excise suspension
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 […]
TRAIN-1B tax amnesty worsens PH tax inequities
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 […]
Bolder measures beyond suspension of fuel excise needed—IBON
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, […]
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 […]
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 […]
