TRAIN Tax Law thread

**StockEngine** · September 11th, 2018 03:27 AM

The state of the peso has never been weaker....

Train 2 should be scrapped — Recto - The Manila Times Online

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**benchph1** · September 11th, 2018 07:49 AM

Not just train2 but the whole law should be..

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**shadow** · September 11th, 2018 08:52 AM

Originally Posted by benchph1

Not just train2 but the whole law should be..

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I think the whole current admin should be abolished and scrapped para mas maganda. [emoji23]

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**dr. d** · September 11th, 2018 09:19 AM

i'm not an economist, but
the claim is that the current situation is not due to the train, but to other conditions.
that may or may not be. but the fact is, lifting the tren will help the situation.
it's not about what caused it. it's about what can be done to alleviate it.
why can't our decision-makers see the logic?
am i missing something?

**shadow** · September 11th, 2018 09:39 AM

It's trump's fault according to duh30

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**dr. d** · September 11th, 2018 09:41 AM

Originally Posted by shadow

It's trump's fault according to duh30

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the radio critic said,
"if that is so, then why do we seem to be the only country in the region, suffering greatly from it?"

**Lew_Alcindor** · September 11th, 2018 09:44 AM

Originally Posted by dr. d

i'm not an economist, but
the claim is that the current situation is not due to the train, but to other conditions.
that may or may not be. but the fact is, lifting the tren will help the situation.
it's not about what caused it. it's about what can be done to alleviate it.
why can't our decision-makers see the logic?
am i missing something?

Lifting the TRAIN Law means bringing back the income tax for those earning below 250,000 per year (roughly 20,000 per month). And a bunch of other ridiculous tax procedures that our old taxation laws contains (inheritance, donations, etc).

IMO, the TRAIN Law has an effect on the rising prices of goods but rising oil prices in the world market compounded the problem. And the strategy of this government is not to alleviate the problem but to divert our attention to other issues tsk tsk tsk

**SoleusBB** · September 11th, 2018 09:47 AM

Originally Posted by shadow

I think the whole current admin should be abolished and scrapped para mas maganda. [emoji23]

Yung nga balak ata nila di ba? Federalism???

Honestly, you can change to whatever form of government you like, but if the same people are still going to be running it (corrupt politicians, business families who ran for office just to protect their own financial interests, etc.) it will make no difference.

**dr. d** · September 11th, 2018 09:51 AM

Originally Posted by Lew_Alcindor

Lifting the TRAIN Law means bringing back the income tax for those earning below 250,000 per year (roughly 20,000 per month). And a bunch of other ridiculous tax procedures that our old taxation laws contains (inheritance, donations, etc).

IMO, the TRAIN Law has an effect on the rising prices of goods but rising oil prices in the world market compounded the problem. And the strategy of this government is not to alleviate the problem but to divert our attention to other issues tsk tsk tsk

sabi nga ng isa,
tumaas nga ang take home pay ko.
but natalo pa rin siya ng mataas na presyo ng bads... errr... goods.

**shadow** · September 11th, 2018 10:01 AM

Originally Posted by SoleusBB

Yung nga balak ata nila di ba? Federalism???

Honestly, you can change to whatever form of government you like, but if the same people are still going to be running it (corrupt politicians, business families who ran for office just to protect their own financial interests, etc.) it will make no difference.

Abolished lahat ng nakaupo not just the system.

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