Excise Tax on Automobiles: What you need to know

[Verbl Kint]

they'll eliminate income tax on the lowest salary group, or they're not going to charge more than what has already been deducted from them?

The lowest salary group (minimum wage earners) don't need to pay income tax.

Is the minimum wage taxable? - The Manila Times Online

[niky]

The lowest salary group (minimum wage earners) don't need to pay income tax.

Is the minimum wage taxable? - The Manila Times Online

The reforms may potentially add to traffic, depending on the inflationary pressure on basic goods caused by the increased tax on fuels.

I'm foreseeing auto loans opening up to a larger segment of the populace thanks to the drop in taxes.

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We have a boom right now in terms of high-end vehicle sales. Next year, we might see a rise in sales of low-end vehicles.

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Well... might.

[ssaloon]

kasi daw they're gonna eliminate income tax on the lowest wage earners

so they gotta make back lost taxes from somewhere else

Net up pa rin at the end of the day si gobyerno. Nilipat lang kung san hinugot yung kita.