TRAIN Law

Sen. Bam: Inflation doubled in 1 year, suspend TRAIN now

Senator Bam Aquino slammed the government’s continued inaction on the Tax Reform for Acceleration and Inclusion (TRAIN) Law amid the doubling of the country’s inflation rate in a span of one year.

“Sa loob lang ng isang taon, dumoble na ang inflation rate ng bansa pero nagmamatigas pa rin ang gobyerno sa TRAIN Law,” said Sen. Bam, one of four senators who voted against the ratification of the government’s tax reform program.

“Malinaw ang mensahe ng 5.2 percent na inflation rate. Kailangan nang i-preno ang TRAIN sa lalong madaling panahon dahil nalulunod na sa taas presyo ang taumbayan,” said Sen. Bam

From 2.5 in June 2017, Sen, Bam said the country’s inflation rate soared to 5.2 in June 2018, based on the latest report by the Philippine Statistics Authority (PSA).

The latest inflation rate surpassed the projection by the country’s economic managers. The Department of Finance (DOF) predicted the inflation rate at 4.9 percent while Bangko Sentral ng Pilipinas economists placed it at 5.1 percent.

Sen. Bam has been going around the country and meeting with different sectors to get their views about the government’s tax reform program. During his dialogue with different sectors, the senator received numerous complaints about high prices of goods and services and the lack of necessary support from the government.

Sen. Bam has been pushing for the suspension and rollback of the excise tax on fuel under the TRAIN Law to ease the burden of Filipinos due to high prices of goods and services.

Sen. Bam has submitted a bill seeking to suspend and roll back the excise tax on fuel under the TRAIN Law once average inflation rate surpasses the annual inflation target over a three-month period. 

In addition, Sen. Bam is pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: President should address high prices, support TRAIN suspension during SONA

With the country’s inflation rate breaching the 5-percent mark in June, Senator Bam Aquino is hoping President Duterte would announce the suspension of the Tax Reform for Acceleration and Inclusion (TRAIN) Law in his State of the Nation Address (SONA).

“Hindi na makatarungan ang pagpataw ng excise tax sa petrolyo habang pataas ng pataas ang presyo nito sa merkado. Nalulunod na ang taumbayan sa pagtaas ng presyo ng bilihin,” said Sen. Bam.

The Philippine Statistics Authority (PSA) announced on Thursday that inflation rate reached 5.2 percent in June, the fastest level in at least five years.

On Tuesday, oil companies raised their pump prices by P0.65 per liter for gasoline, P0.55 for diesel and P0.70 for kerosene. Starting this month, the electric bill of Manila Electric Company consumers will reflect a higher generation charge due to tight power supply and the further weakening of the peso.

 “Ito ang numero unong alalahanin ng mga pamilya kaya sana talakayin ito ng Pangulo sa kanyang SONA. Tugunan natin ang pangangailangan ng Pilipino. I-roll-back at suspindihin na ang excise tax ng TRAIN,” added Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

During his dialogue with different sectors, Sen. Bam said he has received many grumblings about the high prices of goods and services and the lack of necessary support from the government.

Sen. Bam insisted that the suspension and rollback of the excise tax on fuel under the TRAIN Law should provide welcome relief for Filipinos who are burdened by high prices of goods and services.

“Sana marinig ng Pangulo ang hinaing ng taumbayan,” said Sen. Bam.

Sen. Bam has submitted a bill seeking to suspend and roll back the excise tax on fuel under the TRAIN Law once average inflation rate surpasses the annual inflation target over a three-month period.  

Also, Sen. Bam is pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam to gov’t: Time to roll back fuel tax, suspend TRAIN law

Senator Bam Aquino stressed that it’s high time for the government to address the high prices of goods and services amid the Bangko Sentral ng Pilipinas’ (BSP) projection that inflation rate could reach as high as 5.1 percent in June and the further weakening of the peso.

“Sa paghina ng piso, lalong nalulunod sa taas presyo ang mga Pilipino. Malaking porsiyento ng mga produkto sa merkado ay mayroong imported na raw materials, kaya ang tama ng pagbaba ng peso ay pagtaas na naman ng presyo,” said Sen. Bam, dispelling the statement of Budget Secretary Benjamin Diokno that weakening peso is not bad for the country.

“Pareho ang sinasabi ng datos ng gobyerno at karanasan ng maraming Pilipino, nalulunod ang taumbayan sa tumitinding taas presyo,” added Sen. Bam, one of four senators who voted against the ratification of the Tax Reform for Acceleration and Inclusion (TRAIN) Law.   

Sen. Bam maintained that the rise in inflation rate and the weakening peso are reasons enough for the government to suspend the TRAIN Law.

“Ano pa po ba ang patunay na kailangan ng gobyerno para isuspinde na ang pahirap na TRAIN?” emphasized Sen. Bam, who has been conducting dialogues with different sectors around the country on the effects of the TRAIN Law in the prices of goods and services..

“Sabi nga po ng isang tindera sa Bicol, kaming mahihirap ang ginawang riles para umandar ang TRAIN,” said Sen. Bam, adding that most, if not all, of the people whom he talked to are already burdened by the government’s tax reform law.

“Dumarami pa po ang nasasagasaan ng TRAIN, kailan po ihihinto ng gobyerno pahirap na ito,” added the senator, who has been pushing for the suspension and rollback of the excise tax on fuel under the TRAIN Law to help lower the prices of goods.

Sen. Bam called on the government to support his measure calling for the immediate suspension of the excise tax on petroleum products under the TRAIN Law to ease the public’s burden.   

If passed into law, Sen. Bam’s measure will roll back the excise tax on fuel under the TRAIN Law once average inflation rate surpasses the annual inflation target over a three-month period.   

 Sen. Bam also called on the government to fully implementation the mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: ‘Hard fact’ is poor families are drowning in rising prices

Senator Bam Aquino challenged the government’s financial managers to personally go down to the people and listen to their plea on the high prices of goods due to Tax Reform for Acceleration and Inclusion (TRAIN) Law.    

“Totoo po yan, numbers don’t lie. Pumunta po kayo sa palengke, hindi po nagsisinungaling ang presyo ng bilihin,” said Sen. Bam, one of four senators who voted against the ratification of the government’s tax reform program.  

“Ang ‘hard fact’ po ay nalulunod ang mga Pilipino sa taas ng presyo ng bilihin,” the senator added.   

Sen. Bam made the pronouncement after Budget Secretary Ben Diokno said that “hard facts” will refute President Duterte’s statement that the economy is in the doldrums due to high prices of goods.     

“Sana mag-usap muna ang Presidente at ang Budget Secretary upang klaruhin ang estado ng ekonomiya. Mas mainam kung bumisita na rin sila sa mga komunidad upang malaman kung ano ang dinadanas ng mga pamilyang nasasagasaan ng kanilang polisiya,” Sen. Bam asserted.    

Sen. Bam urged the administration to support his measure calling for the immediate suspension of the excise tax on petroleum products under the TRAIN Law to ease the public’s burden.    

Under Sen. Bam’s measure, the excise tax on fuel under the TRAIN Law will be rolled back once average inflation rate surpasses the annual inflation target over a three-month period.    

Sen. Bam also called on the government to fully implementation the mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: High price of sugar to hit poor Filipinos, roll back TRAIN excise tax on fuel

While the Sugar Regulatory Administration (SRA) must monitor and maintain sugar prices, the government must ensure that financial assistance and other mitigating measures under the tax reform program are rolled out immediately, Sen. Bam Aquino pointed out.

Sen. Bam said increase in price of sugar will also result in rise in prices of flour, bread and other sweetened products that are essential commodities to families.

“Wala na ngang ihihigpit ang sinturon ng mga mahihirap na Pilipino dahil sa TRAIN Law, lalo pa silang mahihirapan kung tataas ang presyo ng asukal,” said Sen. Bam, one of four senators who voted against the ratification of the government’s tax reform program.

 “Kailangan na nila ng salbabida kundi tuluyan na silang malulunod sa mataas na presyo ng bilihin,” added Sen. Bam.

Sen. Bam renewed his call to the administration to support his measure that seeks to suspend and roll back the excise tax on petroleum products under the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

Under Sen. Bam’s measure, the excise tax on fuel under the TRAIN Law will be rolled back when average inflation rate surpasses the annual inflation target over a three-month period.

Also, Sen. Bam said the government should fast track the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam hopes the President also hears cries of ordinary Filipinos on issue of inflation and rising prices

Senator Bam Aquino called on President Duterte to also listen to the cry of the people, especially the poor, on the high prices of goods and services caused by the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

“Tama po kayo. Ramdam na ramdam na ng mamamayan ang paghina ng ekonomiya dahil nalulunod na ang Pilipino sa taas ng presyo,” said Sen. Bam, referring to Duterte’s pronouncement that the rising prices of goods could prolong the economic stagnation in the provinces.

“Ang isa sa magpapasigla sa ekonomiya lalo na sa probinsya at kanayunan ay ang pagpapababa ng presyo ng bilihin,” added Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

Sen. Bam said Duterte must listen to the people, who are pleading on the government for respite from the burden of high prices of goods and services.

 “Sana po pakinggan natin ang hinaing at panawagan ng taumbayan, hirap na hirap na po ang pamilyang Pilipino dahil sa taas ng presyo. I-roll-back na natin ang excise tax sa petrolyo na dulot ng TRAIN law,” said Sen. Bam.

Sen. Bam renewed his call for the immediate suspension of the excise tax on petroleum products under the TRAIN Law to ease the public’s burden.

The senator has filed a measure seeking to roll back of TRAIN’s excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

Sen. Bam is also pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

In addition, Sen. Bam has also filed a resolution calling for an investigation regarding the implementation of the unconditional cash transfer to ensure if the amount is still sufficient to cover the increase in prices of goods and other services.

Sen. Bam: Solusyunan ang taas presyo, hindi tambay ang problema

The government should solve the pressing problem of high prices of goods and services caused by the Tax Reform for Acceleration and Inclusion (TRAIN) Law, instead of focusing on so-called loiterers or “tambays”, according to Sen. Bam Aquino.

“Mas matinding problema ang mataas na presyo ng bilihin, hindi mga tambay,” said Sen. Bam, one of four senators who voted against the ratification of the government’s tax reform program.

“Nalulunod na sa taas presyo ang taumbayan. Sana ito ang pagtuunan ng pansin ng ating gobyerno,” added Sen. Bam.

Sen. Bam called on the government to lay a clear-cut plan on how to address the high prices of goods and services to alleviate the plight of Filipinos, especially the poor.

“Ano po ba talaga ang plano ng gobyerno para maisalba ang napakaraming kababayan nating nalulunod sa taas presyo?” said Sen. Bam.

At the same time, Sen. Bam urged the government to stop arresting loiters, most of whom are poor, and focus on the issue that burdens them the most, which is the high prices of goods.

 “Tama na po muna sana ang paghuli sa mga tambay na karamihan ay mahirap. Unahin po sanang tugunan yung nagpapahirap sa kanila,” said Sen. Bam as he renewed his call for the suspension of the excise tax on petroleum products under the TRAIN Law.

Sen. Bam has submitted a measure seeking to roll back of TRAIN’s excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

In addition, Sen. Bam is also pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam: Provide enough help to jeepney, tricycle drivers

Senator Bam Aquino reiterated his call to the government to expand the Pantawid Pasada program to include other public transportations to help them shoulder the effects of the administration’s tax reform program.

“Kung tutulong na rin lang tayo, bakit hindi pa natin lubus-lubusin at isama na ang lahat ng uri ng pampublikong transportasyon,” stressed Sen. Bam during his dialogue with members of different transport organizations here.

“Lahat ng kabilang sa sektor ng pampublikong transportasyon, kailangan ng tulong dahil nalulunod rin ang ating mga tsuper sa pagtaas ng presyo ng langis,” added Sen. Bam, referring to the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

 Sen. Bam is one of four senators who voted against the ratification of the TRAIN Law. Sen. Bam voted against it due to the government’s failure to immediately implement the unconditional cash transfer program and the Pantawid Pasada program.

For 2018, the government has earmarked P977 million for 179,000 jeepney operators under the Pantawid Pasada program. 

 Earlier, Sen. Bam called on the Department of Transportation (DOTr) to expand the Pantawid Pasada program other means of transportation, such as UV Express and tricycles as well.

 During the Senate hearing of the Senate committee on public services in Legazpi, Albay recently, Sen. Bam also urged the DOTr to conduct further study to see if the subsidy is enough to cover the increase in prices of goods due to TRAIN.

 Sen. Bam has been working to alleviate the burden of high prices of goods and services under the TRAIN Law on the Filipino people, especially the poor.

 Sen. Bam has filed a measure that aims to roll back of TRAIN’s excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

In addition, Sen. Bam also renewed his call for the full implementation of the unconditional cash transfer program, which will help alleviate the increase in high prices of goods and services caused by the TRAIN Law.

Sen. Bam: Shield farmers and fisherfolk from price surge, suspend TRAIN excise tax

Senator Bam Aquino renewed his push to suspend the excise tax on fuel under the Tax Reform for Acceleration and Inclusion (TRAIN) Law, saying the high prices of fuel also drive up cost of agricultural products. 

Sen. Bam said the government, especially the Department of Agriculture (DA), should recognize fuel increase as one of the main reasons for price increase.

“Kailangan natin tulungan ang mga magsasaka at mangingisda na pababain ang kanilang production at transportation cost para bumaba ang presyo ng agricultural products,” said Sen. Bam, one of four senators who voted against the TRAIN Law.

“Ito ang pinaka-epektibong paraan para maibsan ang hirap ng mga nalulunod sa taas ng presyo ng pagkain,” the senator added.

Sen. Bam insisted that suspending the excise tax on petroleum products could help lower prices of fuel, which in turn, would contribute to the lowering of prices of agricultural products.

“Itong pagsuspinde sa TRAIN sa petrolyo ay malaking tulong sa ating mga magsasaka at sa mga mamimili,” said Sen. Bam, saying that farmers also use diesel for their farm machinery such as tractor.

Sen. Bam has filed a measure seeking to roll back of TRAIN’s excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

In addition, Sen. Bam is also pushing for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Also, Sen. Bam wants the Pantawid Pasada program expanded to include fishermen, who use unleaded for bancas and diesel for big fishing vessels.

Sen. Bam: Tulong, di kulong, para sa mahihirap nating kababayan

Krimen na ba maging mahirap ngayon?

Senator Bam Aquino posed this question as he criticized the government’s campaign against so-called “tambays”, which is mostly conducted in poor communities.

While acknowledging the need for crime prevention efforts, Sen. Bam insisted that it should be implemented without infringing on the rights of Filipinos, especially those in poor communities.

“Halos lahat ng mga naaresto ay mga mahirap at ang mga operasyon ay ginagawa sa mahihirap na komunidad,” said Sen. Bam. “Anti-poor ang ginagawa nilang ito.”

“Nalulunod na nga sila sa taas ng presyo, tapos ngayon ikukulong pa sa halip na tulungan,” added Sen. Bam, referring to the burden of high prices brought by the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

“Tulong po, hindi kulong ang kailangan ng mga mahihirap nating kababayan,” said Sen. Bam as he his call for the full implementation of mitigating measures under the TRAIN Law, such as the unconditional cash transfer program for poor families and the Pantawid Pasada for jeepney operators and drivers.

Sen. Bam is one of four senators who voted against the ratification of the TRAIN Law. Sen. Bam rejected it due to the government’s failure to immediately implement the unconditional cash transfer program and the Pantawid Pasada program.

As part of his effort to alleviate the burden of high prices of goods and services, Sen. Bam has filed a measure that aims to roll back of TRAIN’s excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

In addition, Sen. Bam also renewed his call for the full implementation of the unconditional cash transfer program, which will help alleviate the increase in high prices of goods and services caused by the TRAIN Law.

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