TRAIN Law was enacted for the purpose of making taxation easier and less complicated while promoting business venture, creation of jobs and poverty alleviation. Under Comprehensive Tax Reform Program (CTRP), this tax reform package intends to lower (PIT) personal income tax, manages VAT exemptions and excise tax on petroleum goods and automobiles. This study analyses the effects of the imposition of TRAIN law as perceived by the various sectors in local economy of Manila City. These sectors are non-working, public employees, private employees, and micro-entrepreneurs. This study applied descriptive method of research using a standardized questionnaire adopted from a previous study. Survey activity was conducted online via google form with a secured link provided to the respondents. There was a total of 90 respondents who were surveyed using a random sampling method. Statistical treatments such as Frequency, simple percentage, weighted mean, Chi-square test of independence, and ANOVA were used to gathered data. The study revealed that there is a significant difference between age, civil status and number of dependents and their perception of the effect of TRAIN law. This only means that their perceptions differ by marital status, lifecycle stages and different age groups. Further, there is no significant difference in the perception of the respondents by gender and monthly income. So the perception does not vary on gender and how much their earnings are. It also revealed that there is a significant relationship between the age, gender, civil status, number of dependents and monthly income of the respondents and their perception on the effect of the imposition of TRAIN law in the context of affordability of basic goods, affordability of non-essential commodities, social overhead capital and infrastructure, disposable income, and development of micro-enterprises. While majority of the aspects have shown significant relationship there were three that have shown no significant relationship in the following dimensions: between gender and their perception on the development of microenterprises, number of dependents and their perception on social overhead capital and infrastructure and civil status and their perception on the affordability of non-essential commodities.
Keywords: Quantitative Research, Descriptive method, TRAIN law
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