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House panel OKs Trabaho bill

Aug 14, 2019 - 3:51 PM

House committee on ways and means chair Joey Salceda is expected to sponsor the Trabaho bill for 2nd reading on the same day his panel approves it

BUSINESSES. The Trabaho bill aims to reduce the corporate income tax rate from 30% to 20%. File photo by LeAnne Jazul/Rappler

Bam Aquino's reelection loss: A case of miscalculation?

May 22, 2019 - 8:00 AM

(3rd UPDATE) When Bam Aquino hinged his campaign on the failures of the TRAIN law, he failed to take into account that President Duterte's popularity had recovered from that, says political scientist Gene Pilapil

The opposition coalition presented its full senatorial slate for the 2019 elections at a gathering of supporters graced by Vice President Leni Robredo and former President Noynoy Aquino at Barangay Parang in Marikina. The senatorial candidates are Bam Aquino, Chel Diokno, Gary Alejano, Atty Makalintal, Erin Tanada, Florin Hilbay and Samira Gutoc. Photo by Jire Carreon/Rappler

[ANALYSIS] How the TRAIN law worsened poverty, inequality

Apr 25, 2019 - 2:10 PM

Keep in mind that a number of lawmakers seeking reelection today advocated for the TRAIN law or otherwise helped push it forward

In Cebu, Serge Osmeña hits part of TRAIN law before Angara

Mar 31, 2019 - 3:21 PM

Senatorial candidate Sergio Osmeña III says he will move to scrap the fuel excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) law

BROTHERS. Senatorial bet Sergio Osmena III joins his brother Tomas, who is the reelectionist Cebu City mayor, at the proclamation party of the regional party BOPK. Photo by Aika Rey/Rappler

Manila Water on the hunt for new water sources | Midday wRap

Mar 13, 2019 - 1:32 PM

Watch Rappler’s Midday wRap with Quita Chuatico

As fuel prices rise, Angara says TRAIN law 'benefitted millions of families'

Mar 13, 2019 - 8:14 AM

'Siyempre gustong gamitin yan ng ibang partido o indibidwal for political benefit,' says reelectionist Senator Juan Edgardo Angara

Reelectionists Grace Poe holds a rally together with Nancy Binay, Cynthia Villar, Kiko Pimentel, Sonny Angara, JV Ejercito, and Chiz Escudero at Tondo, Manila on February 13, 2019. Photo by Alecs Ongcal/Rappler

Senatorial bets hit TRAIN law, fuel excise tax

Feb 25, 2019 - 11:17 AM

As fuel serves as a key component in production of goods, a number of senatorial candidates called for a repeal in the fuel excise tax law

A gasoline attendant fills up a passengers jeepney with fuel at a gas station in Commonwealth Ave in Quezon City on Sunday, November 4, 2018. Oil firms earlier in the day hike prices of diesel by P1.00 per liter and gasoline by P1.10 per liter. Photo by Darren Langit/Rappler

#AskTheTaxWhiz: Do candidates pay taxes for campaign expenses?

Feb 06, 2019 - 1:00 PM

The Philippine Tax Whiz tells us when political contributions and campaign expenses are taxable

#AskTheTaxWhiz: VAT-exempt medicines and other 2019 TRAIN provisions

Jan 23, 2019 - 12:00 PM

The Philippine Tax Whiz discusses provisions of the Tax Reform for Acceleration and Inclusion law taking effect in 2019

DSWD assures beneficiaries increase in subsidies despite reenacted budget

Jan 10, 2019 - 8:18 PM

10 million households are scheduled to receive raises in cash subsidies to help them cope with the impact of the tax reform law

SUBSIDY. A senior citizen receives P2,400 from the government to help offset the impact of the tax reform law. Photo by Aika Rey/Rappler

Oil price hike on January 8 not due to Train Law – DOE

Jan 07, 2019 - 6:23 PM

Oil companies will hike diesel prices by P0.70 per liter and gasoline by P0.80 per liter amid price movements in the global market

INCREASES. Global market forces force local players to slightly increase gas prices. Photo by Darren Langit/Rappler

DOF turns sour as sugar tax collections miss target

Jan 03, 2019 - 4:51 PM

Taxes collected from sugar-sweetened beverages from January to October 2018 stand at P30 billion, 25% short of the P40-billion target

[ANALYSIS] New year, new fuel taxes: Do we really need them?

Jan 03, 2019 - 12:05 PM

Not only is TRAIN failing to generate enough revenues as expected, it is also demonstrably anti-poor and anti-environment

DOE: 2nd round of fuel tax hikes don’t cover 2018 stocks

Dec 28, 2018 - 1:36 PM

DOE chief Alfonso Cusi warns oil industry players that applying the 2019 tax rates on 2018 oil stocks may lead to company closure and even estafa charges

THE TRAIN EFFECT. Expect fuel prices to go up by January 1, 2019 due to the Train Law. File photo by Rappler

VAT-free starting 2019: Medicines for diabetes, high cholesterol, hypertension

Dec 27, 2018 - 10:15 PM

The tax exemption is part of the tax reform law signed in December 2017

TAX-FREE. Medicines prescribed for diabetes, hypertension, and high cholesterol will be exempt from value-added tax starting 2019. Image from Shutterstock.

#AskTheTaxWhiz: New, updated BIR forms under TRAIN law

Dec 26, 2018 - 11:00 AM

The Philippine Tax Whiz discusses the Bureau of Internal Revenue forms affected by the tax reform law

Sandiganbayan verdict: Imelda can post bail | Midday wRap

Nov 30, 2018 - 12:07 PM

Watch Rappler's midday wRap with Quita Chuatico

Court verdict: Kian delos Santos helplessly killed | Evening wRap

Nov 29, 2018 - 10:15 PM

Watch Rappler’s evening newscast with Paterno Esmaquel

#AskTheTaxWhiz: Taxes for exporters

Oct 31, 2018 - 4:00 PM

Are exporters required to pay value-added tax? The Philippine Tax Whiz explains.

Fuel excise tax, #PHVote, Meghan Markle | Evening wRap

Oct 15, 2018 - 9:37 PM

Watch Rappler's evening newscast with Ralf Rivas

Poe files COC for senator, hits unfulfilled gov't promises

Oct 15, 2018 - 9:35 PM

Senator Grace Poe says the Duterte administration failed to deliver promises that were supposed to cushion the impact of the TRAIN law

Sen. Grace Poe pose with her mother, Movie actress Susan Roces (right), after filing her Certificate of Candidacy at the Comelec office in Manila on October 15, 2018. Photo by Angie de Silva/Rappler

Cynthia Villar files COC, justifies signing TRAIN law

Oct 15, 2018 - 10:18 AM

The senator says signing the TRAIN law was a 'lesson learned'

[EDITORIAL] #AnimatED: Paghuhubad sa pasista

Sep 17, 2018 - 9:05 AM

Nalusaw sa lakas ng ulang pulitikal ang koloreteng nag-anyong maka-masa at maka-batas

House opposition wants to suspend excise tax increases on fuel, oil

Sep 10, 2018 - 8:30 PM

Opposition lawmakers argue suspending the excise tax increases on fuel and oil products will help curb rising inflation

RISING. The TRAIN law affects fuel prices. File photo by Ben Nabong/Rappler

House approves Trabaho bill on 3rd reading

Sep 10, 2018 - 4:50 PM

(UPDATED) But opposition lawmakers vote no to the Tax Reform for Attracting Better and Higher Quality Opportunities bill, arguing it would lead to job losses

OVERWHELMING SUPPORT. Only 14 lawmakers say no to the Tax Reform for Attracting Better and Higher Quality Opportunities bill. File photo by Darren Langit/Rappler

[EDITORIAL] #AnimatED: Pinakbet economics at pusit tactics

Sep 10, 2018 - 9:00 AM

Sablay na nga ang Dutertenomics, sablay pa ang tangkang paglilihis ng isyu

House approves Trabaho bill on 2nd reading

Sep 04, 2018 - 6:35 PM

Speaker Gloria Macapagal Arroyo herself is present at the plenary to ensure the approval of the tax reform measure

TAX REFORM. The House of Representatives approved the Trabaho bill on 2nd reading on September 4. 2018. File photo by Darren Langit/Rappler

Things you need to know about Trabaho bill

Sep 02, 2018 - 6:06 PM

The Trabaho bill aims to reduce the corporate income tax rate from 30% to 20%

BUSINESSES. The Trabaho bill aims to reduce the corporate income tax rate from 30% to 20%. File photo by LeAnne Jazul/Rappler

End BIR corruption? Abolish it, says expert

Aug 14, 2018 - 11:08 AM

'Corruption in the BIR is embedded in the system,' says tax expert Mon Abrea

CORRUPTION. Tax expert Mon Abrea says the government should consider abolishing the Bureau of Internal Revenue to rid the agency of corruption. Photo by AFP

Piston, other groups to hold transport strike on June 25

Jun 21, 2018 - 11:52 AM

Aside from the government's jeepney phaseout program, the groups will also protest rising fuel prices caused by the TRAIN law

Jeepney drivers and operators belonging to transport group PISTON hold streamers against the phase-out of passengers jeepneys from 15 years old and above in a protest rally during their nationwide transport caravan at the Elliptical Road in Quezon City. Photo by: DARREN LANGIT

Higher prices partly due to NFA's 'incompetence' – Diokno

Jun 11, 2018 - 12:42 PM

Budget Secretary Benjamin Diokno says the National Food Authority's 'incompetence' caused panic which resulted in higher rice prices

GOING DOWN. Department of Budget and Management Secretary Benjamin Diokno says inflation is already decelerating. File photo by Aika Rey/Rappler

Groups to hold 'HINDIpendence day' protest on June 12

Jun 08, 2018 - 6:42 PM

(UPDATED) The groups cite at least 5 'dire challenges' confronting the nation

Workers from various groups march towards Mendiola Peace Arch on Labor Day, May 1, 2018, to call for an end to ENDO. Photo by Alecs Ongcal/Rappler

P42,000-budget for a family of 5 not official NEDA estimate – Pernia

Jun 08, 2018 - 1:43 PM

National Economic and Development Authority Secretary Ernesto Pernia says at least two family members should work to allow the family to live a comfortable life

Econ managers reject TRAIN suspension, Aquino on China, Malacanang on Kiss | Evening wRap

Jun 05, 2018 - 9:00 PM

Watch Rappler's evening newscast with Acor Arceo

Despite higher inflation, economic managers reject TRAIN law suspension

Jun 05, 2018 - 1:45 PM

'We must stay the course,' the economic managers say in a joint statement as they defended the tax reform law as crucial to progress

INFLATION BRIEFING. Budget Secretary Benjamin Diokno (middle) reads the joint statement of the Department of Budget and Management, Department of Finance, and National Economic and Development Authority on the May 2018 inflation figure. Photo from DBM

[OPINION] Higher inflation: Is TRAIN to blame? (Part 2)

Jun 03, 2018 - 8:00 AM

Higher inflation, coupled with the forthcoming 2019 midterm election, has suddenly turned TRAIN into a political hot potato

Duterte: Congress to decide on TRAIN law suspension

Jun 03, 2018 - 2:04 AM

'There's no value in giving so much importance of what I want because, kung sabihin ko naman na, huwag, it would be needed for the 'Build Build Build,' at kung sabihin nila, talagang palitan natin, wala naman akong magawa,' says President Rodrigo Duterte

HIGHER PRICES. Higher price increases are noted for rice, corn, fish, fruits, and vegetables in March 2018. File photo by Jay Directo/AFP

[OPINION] Higher inflation: Is TRAIN to blame? (Part 1)

Jun 02, 2018 - 10:33 PM

In these tough times, government officials must be wary of populist policies that could make matters worse. They should also avoid making callous remarks that tend to belittle the poor and add insult to their economic injury.

Grace Poe urges speedy release of gov't subsidies under tax reform law

Jun 02, 2018 - 6:18 PM

Senator Grace Poe says the funds are needed to help the poor and affected sectors cope with higher prices due to the tax reform law

ASK THE PEOPLE. Sen. Grace Poe went to bus stations in Albay to get the feel of the public on the effects of the TRAIN Law. Photo by Rhaydz B. Barcia/Rappler

The week in photos: May 26-June 1, 2018

Jun 02, 2018 - 12:00 PM

This week's selection of photo highlights here and around the world

A Bangladeshi volunteer prepares Iftar food for Muslim devotees before breaking their fast during the holy month of Ramadan at a shrine in Dhaka on May 27, 2018.Muslims throughout the world are marking the month of Ramadan, the holiest month in the Islamic calendar during which Muslims fast from dawn until dusk. / AFP PHOTO / MUNIR UZ ZAMAN

#ThewRap: Things you need to know, May 31, 2018

May 31, 2018 - 11:00 AM

Hello! Here are the stories you shouldn't miss this Thursday.

BRP SIERRA MADRE. This aerial photo  taken from a military aircraft shows the dilapidated Sierra Madre ship of the Philippine Navy anchored near Ayungin Shoal (Second Thomas Shoal) with Philippine soldiers onboard to secure the perimeter in the Spratly Islands, on May 11, 2015. File photo by Ritchie Tongo/AFP

#TheWrap: Videos to watch this week, May 21-27, 2018

May 27, 2018 - 10:46 AM

Here are the must-watch videos this week!

The burden of TRAIN law on Filipino mothers

May 13, 2018 - 11:37 PM

Mothers feeling the pinch due to the TRAIN law gather in Mendiola to ask the government to make adjustments and address people's needs

A Filipino mother masked with a crying face poses like a balancing weighing scale, during the small protest held on Thursday, May 10 at Mendiola, Manila, to appeal to the government to review the TRAIN law. Photo by Eloisa Lopez/Rappler

Suspending TRAIN law amid higher prices 'more harm than good' – Diokno

May 09, 2018 - 11:14 AM

Budget Secretary Benjamin Diokno says higher prices are only a temporary effect of the tax reform law and should normalize during the second half of the year or in 2019

HIGHER PRICES. Budget Secretary Benjamin Diokno says prices will normalize during the second half of the year. Photo from the Department of Budget and Management

Tax reform law delays Pampanga school building projects – COA

May 06, 2018 - 5:50 PM

The Commission on Audit notes that 21 out of 25 proposed school building projects in 2017 are delayed after being sent back for cost adjustment

Calida defends tax reform: Poor 'shielded' by gov't cash handouts

May 01, 2018 - 5:21 PM

Bayan Muna Representative Carlos Zarate says Solicitor General Jose Calida's argument is 'deceptive and misleading'

FUEL TAX. Solicitor General Jose Calida says higher taxes on fuel only has a 0.1% maximum effect on transporation rates. File photo by Ben Nabong/Rappler

#ThewRap: Things you need to know, April 20, 2018

Apr 20, 2018 - 11:30 AM

Here are the stories you shouldn't miss this Friday

NIGHT NO MORE. PNP bans Oplan Tokhang from being conducted at night. File photo by LeAnne Jazul/Rappler

Philippine inflation rate averages 3.8% for Q1 2018

Apr 20, 2018 - 10:40 AM

(3rd UPDATE) Inflation hits its highest quarterly average since 2014 as the tax reform law, higher oil prices, a weaker peso, and the tightening of US monetary policy take their toll

Taxes on sugary drinks hurt sari-sari stores – survey

Apr 19, 2018 - 4:40 PM

A Nielsen study shows consumers have been drinking less sugary drinks and even taking items out of their grocery baskets, as prices rose with the implementation of the tax reform law

PRICE HIKES.The retail price of a one-liter bottle of Coca-Cola, for instance, is projected to increase to P43 from the current P31, due to the tax reform law. Photo by Chrisee Dela Paz/Rappler

The week in photos: March 17-23, 2018

Mar 24, 2018 - 12:49 PM

This week's selection of photo highlights here and around the world

A refugee child participates in an anti-racist demonstration in Athens on March 17, 2018, marking as well two-years of the EU-Turkey deal and the closing of the borders. The banner reads' fight fortess Europe'. Refugees and solidarity groups condemned the new shipwreck off Agathonissi island earlier today, where 16 refugees drowned. / AFP PHOTO / LOUISA GOULIAMAKI