Friday 14 December 2018
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inquirer - 5 month ago

Senators call for suspension or review of TRAIN law

Senators on Thursday again urged the government to suspend or review higher taxes on fuel and other products, and finds ways to help the poor get by amid rising inflation. Sen. Panfilo Lacson said a review of the Tax Reform for Acceleration and Inclusion (TRAIN) Act was necessary, especially the excise on oil. Lacson said the excise on oil affected domestic gas prices and electricity rates, as the power industry also used oil. He also asked economic managers to review their projections for the e

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