regressive tax

The truth about TRAIN

July 10, 2019

#MalalangEkonomiya #MayMagagawa #PeopleEconomic #PeoplesSONA2019

Repeal TRAIN to moderate impact of fuel prices

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Poorest 60% of households suffer income loss due to TRAIN

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Next fuel excise tax tranche will sustain high prices

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Fuel prices would be even lower if not for TRAIN

December 13, 2018

Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Despite rollbacks, TRAIN makes fuel more expensive–IBON

December 4, 2018

Research group IBON said that even with recent oil price rollbacks, the Duterte administration’s Tax Reform for Acceleration and Inclusion law (TRAIN) increases fuel prices with an inflationary effect burdening the poor more than the rich. IBON pointed out that rollbacks have always been proven to be temporary and stressed that TRAIN’s taxes make fuel […]

Dubai crude trigger price to suspend TRAIN oil taxes already reached, IBON observed

October 4, 2018

The government is already obliged to start considering suspension of its oil excise taxes as provided for under the Tax Reform for Acceleration and Inclusion (TRAIN) law, said research group IBON. The group said that oil prices have in effect already reached the trigger price for suspending excise taxes as provided in Republic Act 10963 or […]

TRAIN-2: The Sequel Makes Things Worse

August 13, 2018

by Sonny Africa (Updated September 10, 11:57pm) The Tax Reform for Acceleration and Inclusion Package 2 (TRAIN-2) recently approved by the House of Representatives (HOR) on third and final reading with 187 voting in its favor, 14 against, and 3 abstentions, increases corporate profits at the expense of Filipinos. TRAIN-2 was renamed Tax Reform for […]