Congress may recommend the suspension of the Tax Reform for Acceleration and Inclusion (Train) law to protect the poor from rising prices of basic goods, Sen. Sherwin Gatchalian said on Tuesday. “It is highly possible that the legislative branch will recommend the suspension of the implementation of the Train law. The head of the Senate Committee on Economic Affairs said the suspension of Republic Act (RA) 10963 or Train law can be done selectively. Senators Joseph Victor “JV” Ejercito and Paolo Benigno Aquino 4th have called for the suspension of the tax reform law that was implemented in January following reports on the rising inflation rate. Alejano said the P200 monthly subsidy for families affected by the Train law will not be enough.

Source: Manila Times May 08, 2018 13:52 UTC