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Universal health care: The dream within reach

Yellow Pad By Joshua Uyheng In September 2017, the House of Representatives passed House Bill 5784, also known as the “Universal Health Coverage Act.” The bill aims to transform our health system to make quality health care accessible to all Filipinos without financial hardship. Three versions in the Senate have also been passed: Senate Bills […]

Is TRAIN the culprit behind the higher inflation?

Yellow Pad By AJ Montesa Headline inflation hit 3.9%, based on the revised series, in the month of February. Some analysts find an easy culprit to blame: Tax Reform for Acceleration and Inclusion (TRAIN) or the recently passed tax reform for acceleration and inclusion. While the tax reform did introduce several new or increased excise […]

Drink (tax) responsibly

Yellow Pad By Madeiline Joy Aloria The recently passed Tax Reform for Acceleration and Inclusion (TRAIN) law raised excise taxes imposed on products such as sugar-sweetened beverages, cigarettes, and coal. These products are deemed to have harmful effects on health and/or the environment. This objective of taxation — influencing behavior for the better — has […]

Inflation has become a bogeyman

Yellow Pad By Filomeno S. Sta. Ana III The recent news that the inflation rate increased from 2.7% in January 2017 to 3.95% in January 2018 (year over year or YOY) raised alarm bells. About a year ago, I wrote a similar column on inflation titled “Is current inflation worrisome?” (13 February 2017, BusinessWorld). My answer […]

Pro-health is pro-poor: Assessing TRAIN’s tax on sweetened beverages

Yellow Pad By Joshua Uyheng We are currently living amidst the implementation of RA 10963, also known as Package One of the Tax Reform for Acceleration and Inclusion (TRAIN). Among the TRAIN’s host of new and reformed taxes, of special note are the new excise taxes on sweetened beverages (SBs). Section 29 of RA 10963 […]

Miseducating people is no different from spreading fake news

Yellow Pad By Karla Michelle Yu In the weeks that followed the passage of the Tax Reform for Acceleration and Inclusion (TRAIN), some critics, well meaning or otherwise, have lambasted it for the wrong reasons. Some of the criticisms are unfounded, misinformed, oversimplified, or exaggerated. A number of these objections are opinionated but not backed […]