THE Tax Reform for Acceleration and Inclusion Act (Train) could result in improved economic and poverty indicators, according to a policy brief titled “Assessing the Potential Impacts of the Tax Reform for Acceleration and Inclusion and the Build Build Build (BBB) Program,” released by De La Salle University–Angelo King Institute on Wednesday.

Implemented in 2018, the tax measure exempts those earning annual taxable incomes of P250,000 and below from paying personal income taxes. In exchange, new taxes were imposed on automobiles, fuel and sugar-sweetened beverages, among others.