{"id":165986,"date":"2018-06-03T00:57:28","date_gmt":"2018-06-03T04:57:28","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=165986"},"modified":"2018-06-03T00:57:28","modified_gmt":"2018-06-03T04:57:28","slug":"train-suspension-up-to-congress-duterte","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/06\/03\/train-suspension-up-to-congress-duterte\/","title":{"rendered":"TRAIN suspension up to Congress: Duterte"},"content":{"rendered":"
\"FILE:<\/a>
FILE: President Rodrigo R. Duterte on Saturday night said that he will leave it up to the Congress to amend, suspend, or modify the tax reform law amid the rise in prices of commodities and services. (YANCY LIM\/PRESIDENTIAL PHOTO)<\/figcaption><\/figure>\n

MANILA\u00a0— President Rodrigo R. Duterte on Saturday night said that he will leave it up to the Congress to amend, suspend, or modify the tax reform law amid the rise in prices of commodities and services.<\/p>\n

\u201cWell, the law was enacted by Congress, I\u2019ll leave it to Congress to decide whether or not to amend or suspend or modify the law,\u201d Duterte said in a press conference at the Ninoy Aquino International Airport (NAIA), Terminal 2 before departing for his official visit to South Korea from June 3 to 5.<\/p>\n

Duterte said that there is no value to what he wanted to happen to the Tax Reform for Acceleration and Inclusion (TRAIN) law, noting that it was the legislative branch who had the power to decide on how to act on it.<\/p>\n

However, Duterte reiterated that it is necessary to carry out the government\u2019s \u201cBuild, Build, Build\u201d infrastructure program, which is meant to sustain the economy\u2019s high-growth momentum.<\/p>\n

\u201cThere\u2019s no value in giving much — of what I want. Because even if I say that we need it for the Build, Build, Build, I can\u2019t do anything about it,\u201d Duterte said.<\/p>\n

Duterte said that if Congress wants to suspend the TRAIN law, then he would just have to \u201cbite the bullet\u201d and go on since it was their decision.<\/p>\n

Earlier, Duterte emphasized the need to implement the 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 (law). But I need money to run the country,\u201d Duterte said.<\/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

The TRAIN is the first package of the comprehensive tax reform program meant to correct deficiencies in the tax system.<\/p>\n

The Department of Finance (DOF) earlier defended the implementation of the TRAIN noting that its biggest impact is not on basic commodities, but on non-essential commodities like tobacco and sugar-sweetened beverages to help safeguard the health of Filipinos.<\/p>\n

To cushion the law’s effects, the government has provided PHP4.3 billion worth of unconditional cash transfers (UCTs) to low-income households as part of TRAIN\u2019s social mitigation measures, which has so far reached 1.8 million Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries since the first quarter of the year.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0— President Rodrigo R. Duterte on Saturday night said that he will leave it up to the Congress to amend, …<\/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":[1983,13944,51596],"class_list":["post-165986","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headline","category-news","category-news-ph","tag-congress","tag-president-rodrigo-r-duterte","tag-train-suspension","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/165986","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=165986"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/165986\/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=165986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=165986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=165986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}