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A critique of the UA&P studies on tax reform

Yellow Pad By Madeiline Aloria and Joshua Uyheng   With House Bill 5636 or the Tax Reform for Acceleration and Inclusion (TRAIN) well underway at the Senate Committee on Ways and Means, it is crucial to take stock of the studied and evidence that have been presented to lawmakers, and scrutinize their relevance in light […]

Facts, not fear: Responding to critics of TRAIN

Yellow Pad By Joshua Uyheng and Madeiline Joy Aloria Over the past few months, Bayan Muna, Freedom from Debt Coalition (FDC) and IBON Foundation, have all rejected and tagged as anti-poor the proposed Tax Reform for Acceleration and Inclusion (TRAIN) or House Bill (HB) No. 5636. However, upon closer examination of their arguments, the evidence […]

A response to Winnie Monsod

Winnie Monsod’s recent series of Philippine Daily Inquirer (PDI) columns on the tax reform bill (House Bill 5636 or TRAIN, which stands for Tax Reform for Acceleration and Inclusion) has stirred debate. The position of Action for Economic Reforms, Foundation for Economic Freedom and like-minded groups is that despite the bill’s imperfection (legislation of a […]

Tax Reform Bill: A Big Advance

The House of Representatives has finally passed on third reading the first package of the comprehensive tax reform program called TRAIN (which stands for Tax Reform for Acceleration and Inclusion). Those earnestly advocating TRAIN thought that the bill would be badly compromised. Vested interests inside and outside the House opposed it. Particularly hard to pass […]

Pass the tax reform package without undue compromise

Soon, probably tomorrow, we will know whether our economy will advance or falter. The Ways and Means Committee of the House of Representatives will soon vote on the first package of the comprehensive tax reform program also known as Tax Reform for Acceleration and Inclusion (TRAIN). This package consists of the following main features: • […]