tax reform package

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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 ...
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Research institution IBON said that government should be willing to forge a genuinely progressive tax system instead of adopting one that remains pro-rich. The group said this upon recent Congressional approval of the first part of the Department of Finance’s ...
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The Duterte administration’s declaration of martial law in Mindanao increases political instability in the country, research group IBON said, and will not help the economy, which is already slowing as it is. While the 1987 Constitution provides for such a ...
lowertaxes

As the Tax Reform for Acceleration and Inclusion Act (TRAIN) which contains the first part of the Department of Finance’s (DOF) proposed Tax Reform Package advances in Congress, research group IBON reiterated that this legislative proposal remains biased for the ...
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Pres. Rodrigo Duterte recalled the government’s peace negotiators from negotiations with the National Democratic Front of the Philippines (NDFP) until being given “compelling reason” to resume talks. Research group IBON, however, points out that the most compelling reason for having peace ...
Economy not going strong

Research group IBON said that the Department of Finance’s (DOF) proposed tax reform program relieves the rich and burdens the poor. The group said that this will worsen inequality in the country and should be replaced by a tax program ...

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