Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Law
Assessing The Potential Impacts Of The Tax Reform For Acceleration And Inclusion And The Build Build Build Program, Caesar Cororaton, Marites Tiongco, Justin S. Eloriaga
Assessing The Potential Impacts Of The Tax Reform For Acceleration And Inclusion And The Build Build Build Program, Caesar Cororaton, Marites Tiongco, Justin S. Eloriaga
Angelo King Institute for Economic and Business Studies (AKI)
The Tax Reform for Acceleration and Inclusion (TRAIN) Act has prompted key changes in the personal income tax regime through excise taxes on most goods such as petroleum, sugar-sweetened beverages, and automobiles. The TRAIN was implemented to generate funds for the Build Build Build (BBB) program and at the same time to address income inequality and poverty. This paper aims to assess the potential growth, poverty, and distributional effects of the TRAIN Package 1 and the BBB Program using a computable general equilibrium model with poverty simulation. Results suggest that TRAIN I has prompted additional revenue in social programs and …
The Philippine Sin Tax Reform Law: Is It Effective In Reducing Cigarette Consumption?, Jesson A. Pagaduan, Myrna S. Austria
The Philippine Sin Tax Reform Law: Is It Effective In Reducing Cigarette Consumption?, Jesson A. Pagaduan, Myrna S. Austria
Angelo King Institute for Economic and Business Studies (AKI)
The Philippine government should continue the increase in excise tax on cigarettes and tobacco products to sustain the impact of the Sin Tax Reform Law (2012) in lowering tobacco consumption in the country. This Policy Brief explains why the policy measure is significant and offers recommendations where the government can further intensify the impact of the tax policy reform.