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

IBON 2017 0830 TRAIN vs poor

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.

 

IBON 2017 0830 TRAIN vs poor

 

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