About this document
Impact of TRAIN Law on Philippine Economy by Serious Breaker is a document available to read on EtoBox.
The TRAIN law, effective in 2018, aimed to enhance investment and reduce poverty in the Philippines by reforming various tax rates, including personal income tax and excise tax on commodities. However, it has led to increased inflation and rising prices of basic goods, disproportionately affecting lower-income individuals and potentially worsening poverty levels. The law
- Author
- Serious Breaker
- Language
- EN