Senator Win Gatchalian on Wednesday called on the Department of Finance (DoF) to create a multi-agency task force that would cushion the effects of rising inflation in the country.
Tax Reform Acceleration and Inclusion
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Senator Kiko Pangilinan on Friday said that increasing farmers' income is the "more effective way" to address high prices of basic goods, like rice.
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Strong lobbying from business groups hampered the passage of a law rationalizing tax incentives being given to specific ventures or industries.
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Senator Migz Zubiri on Wednesday said he would not allow his own biases to delay the discussion on the proposed package 2 of the tax reform program.
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Malacañang people are living inside "a bubble," Senator Risa Hontiveros said on Friday.
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Worried that it might lead to bigger budget deficit, Senator Win Gatchalian believes it is "not yet" the right time to suspend the excise tax on fuel under the tax reform program.
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Senator Joel Villanueva on Friday said the P1 provisional jeepney fare hike would "sustain" the livelihood of jeepney drivers.
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Senator Bam Aquino on Monday said the high inflation rate and the weakening peso are "enough reasons" to suspend the tax reform program.
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Senator Bam Aquino has renewed his call to expand the Pantawid Pasada program to include other public transportations to help them shoulder the effects of the tax reform program.
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Don’t hold free college education "hostage" to justify the implementation of the Tax Reform Acceleration and Inclusion (TRAIN) law.
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The poverty gap will likely widen and government may not be able to cushion any longer the impact of the tax reform program if safety nets under Tax Reform Acceleration and Inclusion (TRAIN) Law are not rolled out soon.
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Sen. Grace Poe has coined a new term for TRAIN (Tax Reform Acceleration and Inclusion) law to show her disgust over its implementation.
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President Rodrigo Duterte has chosen to play safe amid calls from various sectors to suspend the implementation of the Tax Reform Acceleration and Inclusion (TRAIN) Law due to the rising prices of basic goods and fuel.
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The tax reform law has a “tax-freeze” provision which must kick in when the benchmark price of crude oil in the world market reaches $80 a barrel.
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Senator Grace Poe has raised the need to hear the sentiments of those in the provinces with regard to the effect of the tax reform program in their daily lives.
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Senator Win Gatchalian said it is “highly possible” for Congress to recommend the suspension of the Tax Reform Acceleration and Inclusion (TRAIN) Law, after the average monthly inflation rate hit its highest in five years.
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The public may be burdened with higher taxes on fuel products and coal soon, but Communications Secretary Martin Andanar assures it is worth the sacrifice.
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Senator Bam Aquino on Thursday urged the government to ensure that financial assistance for the poor through the conditional cash transfer (CCT) program would be implemented by the time higher taxes, through the Tax Reform Acceleration and…