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Yellow Pad: Slowing down TRAIN

Yellow Pad By Madeleine Joy Aloria   The Tax Reform for Acceleration and Inclusion (TRAIN) is envisioned as a long-term reform program. It aims to generate revenues to finance AmBisyon Natin 2040, which expresses the aspirations of the people for the next 25 years. It fixes the systemic flaws in the tax system and simplifies […]

Mighty’s might

http://bworldonline.com/mightys-might/ Yellow Pad By Filomeno S. Sta. Ana III   BOC/DOF via PHILSTAR   A most disturbing development that will affect revenue collection and even the credibility of the tax reform is the Department of Justice’s (DoJ) dismissal of the tax evasion cases against Mighty Corp. The DoJ justifies the dismissal in light of the […]

Angara’s TRAIN version will run over the poor, must be amended – AER

By InterAksyon | September 26, 2017, 6:47 PM   MANILA – The version of the tax reform package reported out by the Senate ways and means committee is a derailed TRAIN, according to civil society advocates led by Action for Economic Reforms, which urged senators to amend it in plenary deliberations. AER said the senators […]

AER seeks TRAIN amendments to anti-poor, pro-rich Angara bill

PRESS RELEASE 26 September 2017 AER seeks TRAIN amendments to anti-poor, pro-rich Angara bill Dubbing the Angara bill as a derailed TRAIN, civil society advocates led by Action for Economic Reforms (AER) urge the members of the Senate to amend the Angara bill in the plenary deliberations and focus on keeping the original proposals of […]

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 […]