{"id":165676,"date":"2018-05-31T03:37:15","date_gmt":"2018-05-31T07:37:15","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=165676"},"modified":"2018-05-31T03:37:15","modified_gmt":"2018-05-31T07:37:15","slug":"train-is-needed-to-run-country-duterte","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/05\/31\/train-is-needed-to-run-country-duterte\/","title":{"rendered":"TRAIN is needed to run country: Duterte"},"content":{"rendered":"
\"President<\/a>
President Rodrigo Roa Duterte, in his speech during the Presidential Security Group (PSG) Change of Command Ceremony at the PSG Compound in Malaca\u00f1ang Park, Manila on May 30, 2018, assures the public that he is performing his duties as Commander-in-Chief citing that the he will make sure that the PSG will be loyal not only to him but to the constitution as well. YANCY LIM\/PRESIDENTIAL PHOTO<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0— President Rodrigo R. Duterte has emphasized the need to implement the Tax Reform for Acceleration and Inclusion (TRAIN) law to raise more funds to run the country.<\/p>\n

\u201cWe have, all the while, (been) having problems, inflation is always there. There are many reasons, but also actually one of them is the TRAIN. But I need money to run the country,\u201d Duterte said in his speech during Wednesday night\u2019s Presidential Security Group (PSG) Change of Command ceremony at Malaca\u00f1ang Park.<\/p>\n

Some lawmakers call for suspension of the additional excise tax brought by TRAIN law implementation while others suggest postponing implementation of the entire law amid rising inflation rate.<\/p>\n

“If you do not give it, fine,” the President said.<\/p>\n

For some skeptics, Duterte reassured them that he would never allow anyone to use taxpayers\u2019 money in illicit activities and personal interest.<\/p>\n

“Congress was quite skeptic that it will just end up in corruption. That\u2019s why I said, if that is how you think of us, me, then forget it,\u201d Duterte said.<\/p>\n

“I will look for other ways of doing it, maybe longer. But if they said I will steal, then I don\u2019t need that. What I can say, no transaction of government ever reaches me,\u201d he added.<\/p>\n

Despite the limited resources of government, Duterte expressed optimism that his administration would be able to bring modest improvement to the Filipinos\u2019 lives.<\/p>\n

\u201cWe will maybe reach a modest improvement. I do not see any fantastic happening but with the limited resources of our country, many were helping. I said a modest improvement of what we have now would be okay,\u201d Duterte said.<\/p>\n

TRAIN is the first package of the comprehensive tax reform program envisioned by Duterte\u2019s administration to correct a number of deficiencies in the tax system to make it simpler, fairer, and more efficient.<\/p>\n

According to the Department of Finance (DOF), TRAIN pushed up inflation by only 0.4 percentage point, lower than its projected 0.7 percentage point. Other factors, such as the rise in global oil prices and the better collection of cigarette excise taxes drove inflation to 4.5 percent in April this year.<\/p>\n

As a result of TRAIN, disposable income rose about 15 percent on average for wage-earners as income tax rates were reduced, it added.<\/p>\n

DOF Secretary Carlos Dominguez III has warned that suspending TRAIN law would derail the government\u2019s \u201cBuild, Build, Build\u201d program which is meant to sustain the economy\u2019s high-growth momentum.<\/p>\n

He said suspension would possibly even imperil the free tuition program in state universities and colleges; salary hike for police and military personnel; and conditional cash transfer program.\u00a0<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0— President Rodrigo R. Duterte has emphasized the need to implement the Tax Reform for Acceleration and Inclusion (TRAIN) law …<\/p>\n","protected":false},"author":33,"featured_media":165678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1145,16,95],"tags":[2444,42750],"class_list":["post-165676","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headline","category-news","category-news-ph","tag-rodrigo-duterte","tag-train-law","mauthors-jelly-musico","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/165676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=165676"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/165676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/165678"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=165676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=165676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=165676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}