Tags: The Tax Reform for Acceleration and Inclusion Package 2 (TRAIN-2)

TRAIN-2: The Sequel Makes Things Worse

TRAIN-2 was renamed Tax Reform for Attracting Better and High-Quality Opportunities (TRABAHO) to distance itself from the controversial TRAIN-1, but it is very much a twin measure to TRAIN-1 in the Duterte administration’s scheme to craft a tax system that favours the rich at the expense of the poor.