TRAIN TO SUSTAIN

President Duterte’s first tax reform law

GINGOOG, PHILIPPINES─Out of all the plans and strategies President
Rodrigo Duterte has created for the top problems happening currently in the
Philippines, he has found a solution for the pressing concern of the Filipinos about
the possibility of poverty.
According to a report from the Philippines Statistics Authority in 2015, a
family of five actually needed “at least ₱9,140 on the average every month to
meet both basic food and non-food needs.”
During Duterte’s second year in office, the first tax reform law (Tax Reform
for Acceleration and Inclusion or TRAIN law) was signed in December 2017.
Not only it is a ‘revenue-generating measure’ to provide money to the
infrastructure program, health, education, and social services program of an
administration, but it also helps the Filipinos keep their fair balance of salary
when it comes to the high-raising tax of sugar-sweetened drinks, prescribed
drugs, fuel, and even cigarettes.
Due to this accomplishment, the president even asked the Congress to
pursue a second tax reform law.