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POSTS FOR "Tax Reform for Acceleration and Inclusion (TRAIN)"

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First quarter of TRAIN: A preview of the worse to come for the poor

First quarter of TRAIN: A preview of the worse to come for the poor

While TRAIN puts more money into the pockets of 5.5 million of the highest-earning 9.1 million households through reduced personal income tax (PIT) and lower estate and donor’s taxes, the price surges in prime commodities and services have begun affecting the overwhelming majority of poor Filipinos without any income tax gains.

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