TRAIN 1

Sen. Bam Aquino to block TRAIN 2 anti-education provision

Sen. Bam Aquino has committed to block the removal of the 10-percent preferential tax rate for private non-profit schools under the proposed TRAIN 2. 

The senator believes that the removal of the 10-percent preferential tax rate will lead to increase in tuition and other fees. 

“Sa dulo, ang mga pamilyang nagpapaaral din ang papasan nito kaya tataas ang matrikula,” said Sen. Bam, one of four senators who voted against the ratification of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. 

“Nalulunod na nga sa taas presyo ng bilihin, tataas pa ang gastos sa eskuwela,” said Sen. Bam. “Maawa naman po kayo sa ating mga kababayan. Dagdag na pahirap na naman ito sa pamilyang Pilipino.” 

Currently, private non-profit proprietary educational institutions receive a preferential 10-percent income tax rate, together with non-profit hospitals, offshore banking units and regional operating headquarters. 

But under the TRAIN 2 proposal, these institutions may be taxed up to 25%, more than double their current rate, leaving them with less money to invest in quality education for their students. What’s more, this additional cost may result in higher tuition fees. 

Instead of working on TRAIN 2, Sen. Bam is appealing to Congress to address the gaps in TRAIN 1 and pass the Senate Bill No. 1798, or his “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. 

“Solusyunan at aksyunan na natin ang Bawas Presyo Bill upang bigyan ng ginhawa ang mga Pilipinong nalulunod sa taas-presyo,” said Sen. Bam. 

The senator said the immediate passage of the measure is necessary since another round of increase in the excise tax on fuel will happen on January 2019 under the TRAIN Law. 

“Huwag naman natin hayaan na itaas pa ng gobyerno ang presyo ng petrolyo habang nalulunod ang mga Pilipino sa gastos,” Sen. Bam stressed.

Sen. Bam to gov’t: Fulfill TRAIN’s promise to the poor

The government should fully implement the mitigating measures under the Tax Reform for Acceleration and Inclusion (TRAIN) Law first before even discussing the passage of TRAIN 2.

“Siguraduhin muna ng gobyerno na ang pinangakong tulong ng TRAIN 1 ay makuha ng mga Pilipino. May ilang milyong pamilya pa ang hindi nakatatanggap ng tulong pinansiyal, pati mga jeepney driver ay nirereklamo ang Pantawid Pasada Program,” said Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

 The government has yet to complete the roll out of the unconditional cash transfer program and Pantawid Pasada Program, which should help jeepney operators and drivers cope with the increase in oil prices.

“Kung napakaraming pangako ang hindi natupad, bakit pa tayo maniniwala sa mga pangako ngayon? Magpakatotoo na tayo. Suspindihin na natin ang mga pahirap na buwis sa TRAIN,” said Sen. Bam, who filed Senate Bill No. 1798 or the “Bawas Presyo Bill” to roll-back and suspend the excise tax on fuel under the TRAIN Law when average inflation surpasses the annual inflation target over a three-month period.

“Sa pag-uusap namin iba’t ibang komunidad, napakarami ang naghahanap ng solusyon sa taas-presyo. Nalulunod na sila sa gastos,” said Sen. Bam.

On the push to pass TRAIN 2 in the Senate, Sen. Bam says he cannot move on to TRAIN 2 without addressing the issues of TRAIN 1.

  “Mahirap maka-move-on sa TRAIN 2 habang maraming Pilipino pa ang pinapahirapan ng TRAIN 1. Hindi pa naipapatupad ang mga programa para sa mga nasagasaan ng TRAIN,” added Sen. Bam.

 

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