TRAIN
One-fourth of increase: TRAIN aggravates oil price hikes–IBON
May 24, 2018
Government is wrong in downplaying the contribution of the Tax Reform for Acceleration and Inclusion (TRAIN) law on recent big-time oil price hikes, research group IBON said. The price of fuel products combined with the TRAIN increased since year-end 2017 to Php10.20 per liter for diesel, Php11.41 for kerosene, and Php15.14 for gasoline this week. […]
TRAIN-induced price increases are permanent—IBON
May 10, 2018
The inflation spike marks the start of increases driven by the Tax Reform for Acceleration and Inclusion (TRAIN) in the prices of basic goods and services for the next three years, research group IBON said. Further inflationary surges are likely to happen in 2019 and 2020 when the next two rounds of additional taxes on […]
Wage woes amid higher prices
April 21, 2018
There should be an immediate, substantial and across-the-board minimum wage increase against the high inflation. Approve and mandate the Php750 national minimum wage that workers’ groups are calling for. Suspend TRAIN Package One, which is among the drivers of inflation. Ensure job security, necessary benefits, working conditions, and much needed social services to assist Filipino […]
Amid price hikes: Minimum wage insufficient vs. rising family cost of living — IBON
April 20, 2018
The onslaught of price hikes since early this year has made the mandated minimum wage in the National Capital Region (NCR) even more inadequate for millions of Filipino workers to decently support their families, said research group IBON. IBON computations show that the NCR nominal minimum wage still falls considerably short of the rising family […]
First quarter of TRAIN: A preview of the worse to come for the poor
April 20, 2018
Nanay Inday joins the many ordinary folk in bearing the brunt of price hikes upon the January 2018 implementation of the first package of the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN). A resident of the urban poor community in San Roque North Triangle, she laments that there are no longer Php5.00 bundles […]
Greater burden due to TRAIN
April 9, 2018
While the change in global oil prices and peso depreciation were factors in recent inflation, TRAIN also already increased the prices of oil products, sugar sweetened beverages and other goods and services. The public has been feeling the weight of price hikes as early as January.
UCTs only temporary
March 11, 2018
DOF said TRAIN will be ‘manageable’ since there would be unconditional cash transfers (UCT) for 10 million poor households. However, UCT is at Php200 per month in 2018 and 2019 then becomes Php300 per month in 2020. It is discontinued in 2021, when the poorest Filipino families will be confronted by markedly higher prices that […]
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 […]
Slow TRAIN cash transfers highlight govt’s insensitivity–IBON
February 27, 2018
The poor will get relief about three months into suffering TRAIN-induced price increases with millions of others only getting it much later Research group IBON said that the slow implementation of the Duterte administration’s social mitigation measures including its cash subsidies highlights how these are just an afterthought to cover up how the Tax Reform […]
