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, automobile excise tax, and sugar-sweetened beverage tax.
The following infographic summarizes the effect of these changes.
TRAIN is currently being deliberated by the Philippine Senate.