Sen. Bam urges Congress to prioritize measure to suspend TRAIN, roll back excise tax on petroleum

With Malacanang firm on implementing the Tax Reform for Acceleration and Inclusion (TRAIN) Law, Senator Bam Aquino said poor Filipinos now look up to the Senate to save them from high prices of goods and services. 

“Malinaw ang pakiusap ng taumbayan na nalulunod sa taas presyo. Ang tanong lang ngayon ay kung makikinig ba ang Senado,” said Sen. Bam, one of four senators who voted against the ratification of the TRAIN Law.

With the government virtually turning its back on Filipinos, Sen. Bam said Filipinos have no one else to turn to but the Senate, which holds the capacity to ease the suffering of our poor countrymen.

“Nakinig tayo sa SONA na umaasang matutugunan ang tumitinding problema mataas na presyo ng bilihin, subalit tayong lahat ay nabigo,” said Sen. Bam, referring to President Duterte’s State of the Nation Address (SONA).

President Duterte, in his SONA, insisted that the government has no plan of stopping the implementation of the TRAIN Law and pushed for the passage of its second package before the year ends.

“Dahil hindi kasama sa prayoridad ng gobyerno ang kapakanan ng taumbayan, tayo sa Senado ngayon ang inaasahan ng ating mga kababayan. Huwag sana natin silang biguin,” the senator added.

Sen. Bam emphasized that the suspension of TRAIN Law is not about politics, but about the lives of Filipino people, who are drowning in high prices of goods due to the government’s tax reform program.

Sen. Bam renewed his call to fellow lawmakers to support the measure that he filed, seeking to suspend and roll back the excise tax on petroleum products under the TRAIN Law.

Under Sen. Bam’s measure, the excise tax on fuel under the TRAIN Law will be suspended and rolled back once average inflation rate surpasses the annual inflation target over a three-month period.

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