under construction sign

Tag: TRAIN

The truth about TRAIN

July 10, 2019

#MalalangEkonomiya #MayMagagawa #PeopleEconomic #PeoplesSONA2019

On Sin Tax: Raise direct taxes rather than consumer taxes –IBON

June 7, 2019

Research group IBON said that the passing of the Sin Tax Reform Bill made the country’s tax system more regressive by increasing consumer taxes that burden the poor while cutting income tax and corporate tax that make the rich even richer. As part of the government’s tax reform agenda, Senate Bill No.2233 or the Sin […]

2019 midterm elections results: Harsher policies ahead

May 26, 2019

Administration-backed bets dominated the 2019 midterm elections especially in the Senate. The Duterte administration will certainly fast track its priority neoliberal policies as soon as the 18th Congress opens. It already used its super-majority in the 17th Congress to pass socioeconomic measures aggravating the country’s jobs crisis, poverty, and underdevelopment. More and harsher ones loom […]

WANTED: An Independent Senate

May 11, 2019

Midterm elections have always been crucial for any incumbent, as results will either affirm or reject the programs and policies so far of the ruling party. The 2019 midterm elections, however, appears to be different, as it happens at the heels of the Duterte administration’s implementation of harshest neoliberal economic policies and undermining democracy. The […]

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?

TRAIN suspension, govt transparency and regulation needed to ease OPH burden

February 28, 2019

Research group IBON said that the third consecutive and big-time oil price hike only makes it more urgent for the Duterte administration to stop the oil excise taxes of the Tax Reform for Acceleration and Inclusion (TRAIN). This will lessen the impact of rising oil prices on the poorest families. The group also said that […]

Fuel prices cheaper than in 2018 if not for TRAIN

February 14, 2019

Research group IBON said that the fuel prices would be cheaper now than in 2018 without the Tax Reform for Acceleration and Inclusion (TRAIN) law. The group said that TRAIN’s additional excise taxes have prevented Filipinos from feeling the benefits of lower global oil prices. Filipinos face even higher prices with the implementation of the […]