Salient Features

Question 1

2 Salient feature of TRAIN law

Answer 1

1. People who are earning less than P200,000 per year will not be taxed
2. Decrease in tax burden of people who are earning less while increased tax burden on the richest of the rich

Question 1

2 Salient feature of CARP

Answer 1

1. CARP covers all public and private agricultural lands
2. Retention limit for the landowner is 5 hectares