Sen. Bam Aquino disputed the government’s pronouncement that there will be no jobs lost if the second package of the Tax Reform for Acceleration and Inclusion (TRAIN) will be enacted into law.
“Sa TRAIN 1, sinabi ng gobyerno na hindi ito makaaapekto sa pagtaas ng presyo. Ngayong TRAIN 2, sinasabi nilang walang mawawalang trabaho ang mawawala. May maniniwala pa ba sa kanila?,” Sen. Bam asked
“Huwag na po niyong paikutin ang taumbayan. Nalulunod na nga sa taas presyo dahil sa TRAIN 1, lolokohin nyo pa pagdating dito sa TRAIN 2,” added Sen. Bam, one of four senators who voted against the ratification of the first TRAIN Law package.
Sen. Bam also doubted the government’s capacity to deliver on time the financial package proposed in the House version for workers who might be displaced once TRAIN 2 is enacted into law.
“Malapit nang matapos ang 2018 pero hanggang ngayon, hindi pa rin nila naibibigay ang pangakong tulong sa ilalim ng TRAIN 1 habang nalulunod na sa taas ng presyo ng bilihin ang mahihirap na Pilipino,” said Sen. Bam, referring to the unconditional cash transfer program and the Pantawid Pasada Program.
In a separate interview in San Fernando, Pampanga, Sen. Bam said locators in the Clark Freeport Zone might be forced to close shops and move to other countries if TRAIN 2 is enacted into law, which will lead to loss of jobs for thousands of Filipinos.
“Marami sa industry associations ang nagsabi na kapag natuloy ang TRAIN 2, aalis sila at lilipat sa Indonesia, Thailand at Vietnam. Mahalaga ang trabaho ng bawat Pilipino at kailangan natin itong protektahan,” said Sen. Bam, who committed to fight provisions in TRAIN 2 that will affect the employment of thousands of Filipinos.
“Marami na ngang palpak ang TRAIN 1, itutulak pa rin ang TRAIN 2. Siguraduhin na muna nating napag-aralan na talaga ang epekto ng mga panukalang ito kundi baka mayroon nanamang masasagasaang mahihirap na Pilipino,” said Sen. Bam.
Sen. Bam emphasized that the government should first address the problems caused by TRAIN 1, like its effects on inflation and prices of goods, before pushing for TRAIN 2.
Instead of insisting on the passage of TRAIN 2, Sen. Bam said the government should support his measure that aims to address the high prices of goods caused by TRAIN 1.
Sen. Bam has filed Senate Bill No. 1798 or the Bawas Presyo Bill, which seeks to suspend the excise tax on fuel under the TRAIN Law when the average inflation rate surpasses the annual inflation target over a three-month period.
The senator is pushing for the passage of the measure since there is a scheduled second round of increase in excise tax on fuel under the TRAIN Law in January 2019.
Philippine laws must protect, serve and empower the Filipino people.
One major threat we need to protect our countrymen from is inflation – rising prices of goods and services that put a strain on the average Filipino’s daily struggle.
By the end of 2017, over 10 million Filipino families still considered themselves poor. That is 10 million households struggling to provide food and shelter, striving to earn education and desperately searching to find sufficient livelihood.
Higit sa sampung milyong pamilya ang nababalisa tuwing tumtaas ang presyo ng bilihin tulad ng bigas, sardinas, kuryente at pamasahe.
More than just tightening their budget, these families will have to scramble for higher pay, for odd jobs and ‘sidelines’, and even micro-loans just to cover basic household expenses.
With so many Filipinos living in the fringes, the government needs to play an active role in managing inflation and ensure that our countrymen can survive the rising prices.
As such, this measure seeks to protect underprivileged Filipino families from increasing fuel prices, and its effect on the prices of goods and services, by suspending the excise tax on fuel under TRAIN when the average inflation rate surpasses the annual inflation target range over a three-month period.
Should the average inflation rate stabilize and fall below the annual target for three consecutive months, then the Department of Finance (DOF) will have the prerogative to lift the suspension and re-impose the excise tax on fuel based on its rate at the time of suspension.
While we have little control over global fuel prices, the imposition of excise taxes in our hands.
It is our responsibility to be flexible and responsive when the weight of inflation becomes too heavy for the poor Filipino families to bear.
Progress cannot be built at the expense of hungry Filipinos with little opportunity to improve their day-to-day lives.
Our challenge is to strike a balance between our macroeconomic goals and providing relief and support to Filipinos with the least in our society; and with open minds, open hearts, creativity and innovation, I believe we can find that delicate balance and create a prosperous future for all.
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