Duterte, friends get +Php8,500/month due to TRAIN law

[1] The Tax Reform for Acceleration and Inclusion (TRAIN) Act, officially cited as Republic Act No. 10963, is a tax reform law that amends several aspects of taxation in the Philippines.
[2] President Rodrigo Duterte signed the TRAIN Act into law in December 19, 2017. He also exercised his veto power to void five provisions of the law.
[3] Most Filipino netizens view the passage and implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law in negative light, a recent study by Research and Tech Lab (RTL) showed.
[4] President Duterte, Cabinet members and other bureaucrats receiving huge salaries are benefitting from the controversial Tax Reform for Acceleration and Inclusion (TRAIN) law to the tune of P8,500 a month in income tax reduction. This is according to Reps. Antonio Tinio and France Castro of party-list group Alliance of Concerned Teachers, who made the computation to illustrate the impact of TRAIN on government officials and low-ranking state workers.
[1] https://en.wikipedia.org/wiki/Tax_Reform_for_Acceleration_and_Inclusion_Act
[2] www.news.abs-cbn.com/news/12/22/17/veto-message-shows-duterte-removed-5-tax-reform-provisions
[3] www.gmanetwork.com/news/money/economy/647483/most-filipino-netizens-view-train-law-negatively-study/story/
[4] https://www.philstar.com/headlines/2018/06/24/1827381/duterte-cabinet-gain-p8500-month-train-law#19OlKdUrrWJJEGFo.99; Jess Diaz (The Philippine Star) - June 24, 2018 - 12:00am

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