Tax Reform for Acceleration and Inclusion

IBON 2018 0114 TRAIN vs poor

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 ...
Illustration by Jose Erwin Mallare

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 ...
Photo from GMA

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, ...
From Manila Survival Guide

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 ...
Photo from canstockphoto.com

At the onset of the much-anticipated first-ever bilateral talks between United States president Donald Trump and President Rodrigo Duterte on Philippine soil, it should be reiterated that the US has a hand in what would be the most anti-poor tax ...
FinalDraft_TRAINRichPayLess

  TRAIN will make the rich richer – The net impact of the change in income taxes, expansion of VAT coverage, new oil excise taxes, and inflationary effect is that the highest-earning 40% of Filipino households, or 9.1 million households with some ...
TRAINInfraNotForPoor

by Audrey de Jesus Among the hyped claims of the Department of Finance (DOF) about the government’s tax reform package is how taxes paid by the poor will go back to them in the form of infrastructure projects and social ...
FinalDraft_TRAINPoorFaceHigherPrices

Though welcome, the recent wage hike in the National Capital Region (NCR) does not increase the minimum wage earners’ purchasing power. The real value of the minimum wage is even falling while the people face higher taxes under government’s proposed tax ...
From nationmultimedia.com

Research group IBON said that the Department of Finance’s (DOF) resistance to even minor changes in its proposed tax reform program confirms the anti-poor and pro-rich character of the Duterte administration’s economic policies. The Senate Ways and Means Committee proposed ...
Photo from marketing-interactive.com

The latest survey of research group IBON showed that majority of Filipinos do not approve of almost all proposals under the first package of the Duterte administration’s proposed tax reform program. Survey respondents were informed that the government has a ...

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