Tag: tax reform

It is NOT TRUE that the Philippines’ new Tax Reform (TRAIN) bill is “anti-poor”

January 11, 2018January 11, 2018 benign0 21 Comments

Every woman and her dog is saying that the recently-implemented Tax Reform for Acceleration and Inclusion (TRAIN) law is “anti-poor”. They cite how increased taxes on commodities will be an “additional burden” on the poorest Filipinos with increased costs incurred in procuring input into businesses being passed on to customers and “trickling down” to the…

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