TRAIN
Letter to the Editor | Five reasons why the TRAIN will not benefit the poor
January 16, 2018
These reiterations are in reaction to the article “Assessing TRAIN” by Mr. Filomeno Sta. Ana of the Action for Economic Reforms (AER), which appeared on the January 8, 2018 issue of Business World. IBON has repeatedly presented its evidence-based analysis of the TRAIN (basing on the Department of Finance data no less) and consistently deepened […]
Under TRAIN,the poorest will have less and the richest will have more (update)
January 14, 2018
The rich and other higher income groups will have larger take home pay than previously estimated under the new tax law, while the poor will still bear the brunt of paying higher taxes. The highest earning 40% or about 9.1 million households will have even more money in their pockets under the recently passed Tax […]
Even more money for the rich under TRAIN law – IBON
January 12, 2018
The rich and other higher income groups will have larger take home pay than previously estimated under the new tax law, while the poor will still bear the brunt of paying higher taxes, said research group IBON. IBON said that the highest earning 40% or about 9.1 million households will have even more money in […]
Downplaying the price impact of TRAIN dishonest and insensitive–IBON
January 8, 2018
Petroleum excise taxes proven to be very inflationary in the past The administration persistently downplays certain increases in the prices of goods and services, research group IBON’s Executive Director Sonny Africa said. This is dishonest and insensitive to the burden that the Tax Reform for Acceleration and Inclusion (TRAIN) imposes on the poor to avoid […]
2018 prosperity by Duterte policies not for all—IBON
January 2, 2018
Admin’s avid push for market-driven measures will run over the poor majority The new year seems to usher in more difficulties for Filipinos in accessing basic goods, public utilities, and services amid government’s exclusionary policies, research group IBON said. The market-driven policies that have been prioritized by the Duterte government such as the Tax Reform […]
Duterte’s TRAIN a scourge, not a gift—IBON
December 21, 2017
Research group IBON said that contrary to its claims, the Duterte administration affirmed its apathy towards the low-income majority of Filipinos upon its signing of the Tax Reform for Acceleration and Inclusion (TRAIN). By signing the tax program into law, government has proven its determination to collect funds for its purportedly pro-poor centerpiece programs but […]
Prices will increase beyond the Christmas season
December 19, 2017
On the day that Pres Duterte signs the tax reform package, IBON underscores how TRAIN will entail price hikes on various goods and services beyond Christmas. IBON Foundation, Inc. is an independent development institution established in 1987 that provides research, education, publications, information work and advocacy support on socioeconomic issues. — Media & Communications Department […]
With Duterte’s TRAIN, poor pay higher taxes so rich can take home more
December 13, 2017
By Sonny Africa The Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) bill reportedly due for ratification by Congress this week burdens the poor with higher consumption taxes so that the rich can have higher take-home pay. The Department of Finance (DOF) used income tax gains for a few middle-class families as a smokescreen […]
Four indicators that Duterte’s tax program is anti-poor
December 1, 2017
Lawmakers should rethink Duterte tax program The Senate version of the Tax Reform for Acceleration and Inclusion (TRAIN) bill remains anti-poor despite amendments. Research group IBON said this following senators’ recent approval of their version of the Duterte tax bill on third and final reading. According to the group, the Senate’s efforts to reduce the […]
