Bawas Presyo

Sen. Bam: Itodo na ang tulong sa transport sector

Senator Bam Aquino lamented the government’s insufficient and late support for the transport sector, saying the Pantawid Pasada Program should be reviewed if it’s enough to cover the increase in fuel prices and other needs of jeepney drivers. 

“Atrasado na nga ang tulong, kulang pa ang ibibigay ng gobyerno sa mga tsuper ng pampasaherong jeep,” said Sen. Bam, referring to the July implementation of the Pantawid Pasada Program, a mitigating measure under the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

Under the Pantawid Pasada Program, a total of P5,000 will be given to jeepney drivers for the last six months of 2018. This will mean an additional P833 per month or P27.7 per day. 

“Kung kukuwentahin, wala pang isang litro ng diesel ang tulong na binibigay sa ating mga jeepney driver. Kulang na kulang ito sa taas ng presyo ng bilihin,” added Sen. Bam.

Sen. Bam urged the government to ensure that the Pantawid Pasada Program is sufficient to cover the rise in fuel prices and allow jeepney drivers to use it for other needs, such as food.

The senator also reiterated his call to the Department of Transportation (DOTr) to expand the Pantawid Pasada Program to other modes of public transportations such as tricycles and UV express.

“Kung tutulong na rin lang tayo, bakit hindi pa natin lubus-lubusin at isama ang mga nagmamaneho ng tricycle at UV Express,” suggested Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

Sen. Bam has been pushing for the suspension and rollback of the excise tax on petroleum products under the TRAIN Law to help lower the prices of fuel and goods at the same time.

Sen. Bam has filed a measure seeking to stop and rollback the excise tax on fuel when average inflation rate surpasses the annual inflation target over a three-month period.

“Suportahan na rin sana ng administrasyong and pag-roll-back sa excise tax sa petrolyo at siguraduhing sususpindihin ang dagdag na buwis sa petrolyo sa 2019 dahil sa TRAIN,” stressed Sen. Bam.

“Nalulunod na sa taas presyo ang mga drayber. Nababawasan na nga ang kita, tumataas pa ang presyo ng bilihin,” he added.

Sen. Bam has been meeting with different transport organizations all over the country to get their stand on the TRAIN Law.

Sen. Bam strengthens call to suspend TRAIN amid cries for fare increase

A senator stressed the need to suspend the excise tax on fuel under the government’s tax reform program, saying the transport sector is already crying out for support amid the increase in fuel prices.

“Para sa mga driver, operator at pasahero, i-ipreno na ang TRAIN para mapagaan naman ang kanilang sitwasyon,” said Sen. Bam Aquino, referring to the Tax Reform for Acceleration and Inclusion (TRAIN) Law.

“Ibalik na ang mekanismo para masuspindi ang excise tax dahil sa inflation upang mabawasan na ang pasanin ng parehong driver, operators at mga commuter,” added Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

Sen. Bam made the pronouncement after several jeepney operators filed a petition asking for a P2 fare increase and the possible surge pricing during rush hours due to the recent increase in prices of petroleum products.

Sen. Bam submitted Senate Bill No. 1798, seeking to stop the collection of excise tax on fuel under TRAIN once the inflation rate breaches “target range.”

In Sen. Bam’s measure, the collection of excise tax will be suspended once the average inflation rate surpasses the annual inflation target over a three-month period.

Sen. Bam introduced that specific provision during the TRAIN’s deliberation and was approved by fellow senators. However, the provision was not included in the bicameral conference committee and the approved version of the measure.

“Bigyan naman natin ng kaunting ginhawa ang ating mga kababayan sa pagtaas ng presyo ng petrolyo at iba pang mga bilihin,” said Sen. Bam.

Senate Bill 1798: Automatic Suspension of the Excise Tax on Fuel Under RA 10963 (TRAIN Law)

Philippine laws must protect, serve and empower the Filipino people.

One major threat we need to protect our countrymen from is inflation – rising prices of goods and services that put a strain on the average Filipino’s daily struggle.

By the end of  2017, over 10 million Filipino families still considered themselves poor. That is 10 million households struggling to provide food and shelter, striving to earn education and desperately searching  to find sufficient livelihood.

Higit sa sampung milyong pamilya ang nababalisa tuwing tumtaas ang presyo ng bilihin tulad ng bigas, sardinas, kuryente at pamasahe.

More than just tightening their budget, these families will have to scramble for higher pay, for odd jobs and ‘sidelines’, and even micro-loans just to cover basic household expenses.

With so many Filipinos living in the fringes, the government needs to play an active role in managing inflation and ensure that our countrymen can survive the rising prices.

As such, this measure seeks to protect underprivileged Filipino families from increasing fuel prices, and its effect on the prices of goods and services, by suspending the excise tax on fuel under TRAIN when the average inflation rate surpasses the annual inflation target range over a three-month period.

Should the average inflation rate stabilize and fall below the annual target for three consecutive months, then the Department of Finance (DOF) will have the prerogative to lift the suspension and re-impose the excise tax on fuel based on its rate at the time of suspension.

While we have little control over global fuel prices, the imposition of excise taxes in our hands.

It is our responsibility to be flexible and responsive when the weight of inflation becomes too heavy for the poor Filipino families to bear.

Progress cannot be built at the expense of hungry Filipinos with little opportunity to improve their day-to-day lives.

Our challenge is to strike a balance between our macroeconomic goals and providing relief and support to Filipinos with the least in our society; and with open minds, open hearts, creativity and innovation, I believe we can find that delicate balance and create a prosperous future for all.

 

DOWNLOAD SBN 1798

 

 

 

Sen. Bam to push for TRAIN suspension to ease price crisis

After months of calling for a review on the Tax Reform for Acceleration and Inclusion (TRAIN), Senator Bam Aquino expects tomorrow’s Senate probe on TRAIN and inflation to produce tangible results, even look into the suspension of excise taxes.

“Sa aking pag-iikot sa iba’t ibang bahagi ng bansa, umaalma na ang taumbayan sa taas ng presyo ng bilihin. Napakatindi ng epekto ng TRAIN sa presyo ng bilihin na nagpapahirap sa ating mga kababayan,” said Sen. Bam, one of the four senators who voted against the ratification of the TRAIN law.

“We owe it to the Filipino people, especially the poor, to ensure that TRAIN is not making lives more difficult. We must look for immediate solutions, like the suspension of excise taxes,” Sen. Bam added.

Sen. Bam was referring to the excise tax on petroleum products under the TRAIN Act, which imposes P7 and P2.50 additional levy on gasoline and diesel, respectively.

“Umaalma na ang taumbayan sa presyo ng bilihin. Baka panahon nang ipasuspinde ang excise tax para mabawasan ang pasanin ng mga Pilipino,” said Sen. Bam.

As early as January, Sen. Bam filed Senate Resolution No. 597, urging the appropriate Senate committee to scrutinize the implementation of the unconditional cash transfer to ensure that it is sufficient to cover the increase in prices of goods and other services.

More recently, Sen. Bam also filed Senate Resolution No. 704, urging the appropriate Senate Committees to conduct an inquiry on the TRAIN’s inflationary impact and effect on the economy, particularly the P7 and P2.50 excise tax increase on gasoline and diesel, respectively.

The Senate Committee on Economic Affairs, headed by Sen. Sherwin Gatchalian, will conduct the hearing on the effects of TRAIN on the prices of goods and services and in the inflation rate, which reached a five-year high in April at 4.5 percent.

Sen. Bam renews call to review TRAIN as families struggle with rising prices

After a series of consultations with urban poor communities, Sen. Bam Aquino once again stressed the need to review the government’s tax reform program, saying families are struggling with the considerable jump in prices of goods and services. 

 “Marami nang dumadaing at naaalarma sa mataas na presyo ng bilihin na dulot tax reform program ng pamahalaan,” said Sen. Bam, alluding to Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Act.

“Karamihan sa mga nakausap namin, nagrereklamo na Dati piso-piso lang ang taas, ngayon ang laki na. Ang laki na ng nabawas sa nabibili nating grocery para sa ating pamilya,” said Sen. Bam.

While Sen. Bam acknowledged that the TRAIN has increased the take-home pay of ordinary workers, for some, the additional pay is not enough to cover the rise in prices of basic goods in the market.

Recently, Sen. Bam filed Senate Resolution No. 704, urging the appropriate Senate Committees to conduct an inquiry on the TRAIN’s inflationary impact and effect on the economy, particularly the P7 and P2.50 excise tax increase on gasoline and diesel, respectively.

 When Congress approved the inclusion of increased excise taxes in the TRAIN Law, the Department of Finance assured lawmakers that its impact on inflation would not be more than 0.7 percent.

However, latest data from the Philippine Statistics Authority (PSA) showed that the country’s inflation rate for March hit 4.3 percent, beyond the government’s projection of two to four percent.

“Ngayong lumampas na ang inflation sa pagtaya ng pamahalaan, marapat lang na muli nating pag-aralan ang pagpapataw ng excise tax sa produktong petrolyo,” said Sen. Bam.

In addition, Sen. Bam filed Senate Resolution No. 597, urging the appropriate Senate committee to scrutinize the implementation of the unconditional cash transfer to ensure that it is sufficient to cover the increase in prices of goods and other services.

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