under construction sign

Tag: TRAIN

Under TRAIN, the poor bear the greater burden (TRAIN Infographic #2)

September 7, 2017

Under the tax ‘reform’ package which is currently being deliberated by the Philippine Senate, the poorest 60 million Filipinos will pay Php47.0 billion in additional taxes next year which is 2.3% of their combined family income of some Php2.0 trillion. The highest income 40%, meanwhile, will pay Php47.6 billion which is only 0.8% of their total family […]

DOF insistence on anti-poor tax package for free educ hit

August 31, 2017

Research group IBON said that the Department of Finance (DOF) should not use free education as a pretext for the Philippine Senate to pass a full version of the administration’s anti-poor tax reform package. The group also said that the administration should instead decisively tax the country’s wealthiest for national development needs. Finance secretary Carlos […]

Under TRAIN, the poorest will have less and the richest will have more (TRAIN Infographic #1)

August 30, 2017

That the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) is progressive and pro-poor is all hype. Under TRAIN the highest-earning 40% including the richest will have more money in their pockets every year, while the poorest 60% of Filipino households will have less money due to changes in personal income tax, VAT, oil excise […]

Tax ‘reform’ program burdens poor more than the rich–IBON

July 30, 2017

Research group IBON said that Pres. Rodrigo Duterte’s State of the Nation (SONA) statement that “we achieved the first step towards more equitable taxes” is incorrect because the poorest majority of Filipinos will be more burdened by taxes than the rich. The Department of Finance (DOF) is covering this up, the group also said. According […]

Buwis(et)! DOF’s Top 5 Tax Reform Lies

June 20, 2017

By Sonny Africa IBON FEATURES — The Tax Reform for Acceleration and Inclusion Act (TRAIN), the first part of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), has hurdled the House of Representatives (HOR) and is up for deliberations at the Senate. The Department of Finance (DOF) targets approval of TRAIN, or House Bill No. […]