Excise Tax? When June 2017 or 2018?

[pobre24]

Banking is one of the lowest paying industries AFAIK. High paying FMCG

True if you stay in one bank. You have to move to different banks to get a higher premium.
It's how you'll be a big time banker.

[Monseratto]

Wala rin stock ng sasakyan mabili... :P

JUST IN: President Rody Duterte signs tax reform bill into law. | via Alexis Romero

[Wh1stl3r]

Wala rin stock ng sasakyan mabili... :P

Dami raw LC200 bro 😉

[EQAddict]

Dami raw LC200 bro [emoji6]

Totoo iyan. I called today. Testing the waters. Hindi ako bibili. Just wanted to have a feel of stock levels. A couple of different colors were offered to me

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[Juan Martinez]

with duterte's TRAIN, poor pay higher taxes so rich can take home more.
- Sonny Africa, Ibon Foundation

according to PSA, as of October 2016, the average annual family income of Filipino families was approximately Php267,000.

under the TRAIN, those earning not more than Php250,000 are exempt from income tax.

also, according to PSA, the per capita poverty threshold is peg at Php21,753.

the title of mr. africa's commentary (POOR PAY HIGHER TAXES SO RICH CAN TAKE HOME MORE) is grossly misleading.

now, mr africa, in what manner would the poor pay higher taxes?

explain it to me like i'm a four year old.

[minicarph]

sa signed TRAIN law, ive read:

+ P2.65 per liter on gasoline
+ P2.50 per liter on diesel

10% P600K to P1M
20% P1M to P4M
50% P4M

hehe takbo na sa Toyota, at baka magkaubusan ang LC200 before Jan 14, 2018

[Monseratto]

Looks like pickups (normal dual cabs) are included in the excise tax hike. Single cabs are exempted.

https://www.autoindustriya.com/auto-...ify-train.html

Updated... Maka bili na rin ng Ford Ranger... heheheh

https://www.autoindustriya.com/insid...Zl3d5.facebook

Plenty of exemptions

The bill defines a large tax exempt range – trucks, special purpose trucks [dumpers, transit mixers, etc.] jeep and Jeepneys. Trucks were defined to include all pick ups, not just single cab chassis. The latter may prove a boost to local body builders like Centro, Almazora, Del Monte, etc. as L300FB and FX substitutes will abound. We suppose this tax break is in support for the family enterprise and agricultural starter/small scale businesses.

[jut703]

What's the rationale explaining why luxury cars are cheaper now?

I get that the government gets more revenue by taxing common cars than luxury vehicles. But the government also gets more revenue by keeping the taxes on luxury vehicles the same instead of lowering them.

I don't get it. Why do you have to make a Land Cruiser cheaper than it already is when people who have the money for one obviously don't need the savings?

And it's not like the 500k decrease of the Land Cruiser will make it suddenly more accessible to many. Those who weren't able to afford it at 4.5M most likely still won't be able to afford it at 4M. And what's more likely is that dealers won't drop prices and would rather keep the margins for themselves, knowing full well that their market has the capacity and willingness to pay the original higher price.

It sends a very strong message to the proletariat that the ruling classes can always craft laws for their benefit and there's nothing that ordinary people can do about it.

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[CVT]

Updated... Maka bili na rin ng Ford Ranger... heheheh

https://www.autoindustriya.com/insid...Zl3d5.facebook

Spot on bro.

I think that my dream of owning a pick up truck will come true real soon....😎😍😘

I still can accommodate 3 cars in our garage, with one one under a roof.... 😊

[glenn_duke]

What's the rational why luxury cars are cheaper now?

I get that the government gets more revenue by taxing common cars than luxury vehicles. But the government also gets more revenue by keeping the taxes on luxury vehicles the same instead of lowering them.

I don't get it. Why do you have to make a Land Cruiser cheaper than it already is when people who have the money for one obviously don't need the savings?

And it's not like the 500k decrease of the Land Cruiser will make it suddenly more accessible to many. Those who weren't able to afford it at 4.5M most likely still won't be able to afford it at 4M. And what's more likely is that dealers won't drop prices and would rather keep the margins for themselves, knowing full well that their market has the capacity and willingness to pay the original higher price.

It sends a very strong message to the proletariat that the ruling classes can always craft laws for their benefit and there's nothing that ordinary people can do about it.

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You also noticed it, in the 1.1M-2.1M segment its cheaper now to buy the 1.8-2.1 car than the 1.1M car.

[jut703]

Rough translation to SRP:



Not exact but you get the picture. As expected, cheap cars get a slight increase, PPVs/CUVs get the biggest percentage increase. But again, what's the logic behind cheaper Land Cruisers and Euro luxury cars?????? [emoji35]

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[falken]

Rough translation to SRP:



Not exact but you get the picture. As expected, cheap cars get a slight increase, PPVs/CUVs get the biggest percentage increase. But again, what's the logic behind cheaper Land Cruisers and Euro luxury cars?????? [emoji35]

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The senators are buying those cars.😆

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[jut703]

The senators are buying those cars.[emoji38]

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Yes but how can something so crude and so brazen make it through? It's basically rubbing salt to the wound - you all have to pay more for your cars while we, the ruling class, get our favorite vehicle even cheaper.

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[falken]

Yes but how can something so crude and so brazen make it through? It's basically rubbing salt to the wound - you all have to pay more for your cars while we, the ruling class, get our favorite vehicle even cheaper.

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Delicadeza, something a lot of politicians don't have.

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[jut703]

Nice calculator to check how much your take-home pay changes with the tax reform:

The Pinoy Tax Reform Calculator | ABS-CBN News

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[minicarph]

What's the rationale explaining why luxury cars are cheaper now?

I get that the government gets more revenue by taxing common cars than luxury vehicles. But the government also gets more revenue by keeping the taxes on luxury vehicles the same instead of lowering them.

I don't get it. Why do you have to make a Land Cruiser cheaper than it already is when people who have the money for one obviously don't need the savings?

And it's not like the 500k decrease of the Land Cruiser will make it suddenly more accessible to many. Those who weren't able to afford it at 4.5M most likely still won't be able to afford it at 4M. And what's more likely is that dealers won't drop prices and would rather keep the margins for themselves, knowing full well that their market has the capacity and willingness to pay the original higher price.

It sends a very strong message to the proletariat that the ruling classes can always craft laws for their benefit and there's nothing that ordinary people can do about it.

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coz the buyers of the luxury cars are the movers and shakers in this country, they create jobs for the masses and middle class. and their personal income tax will be heavily taxed; so para naman mag-continue sila sa sacrifice of building this country while others are in social media always bickering, complaining, observing, let them enjoy collecting luxury cars. nakaawa na sila kasi they accepted God's challenge to them to do greater things, tapos ang masses ang gusto lang mag-enjoy ng mediocre life

[ninjababez]

Nice calculator to check how much your take-home pay changes with the tax reform:

The Pinoy Tax Reform Calculator | ABS-CBN News

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bro ano ilalagay doon, NET ba?

[JJB]

So, kelan nila iadjust ang prices ng LC?
Damn, 2 of my friends bought Macans recently. Sayang at nakasave sana sila ng 500k [emoji23]


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[StockEngine]

So, kelan nila iadjust ang prices ng LC?
Damn, 2 of my friends bought Macans recently. Sayang at nakasave sana sila ng 500k [emoji23]


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new current price...as of today and probably til dec 31....

Toyota Motor Philippines Brings in 218 Land Cruiser Prado; Hikes Prices of Land Cruiser LC2 (w/ Specs) | Philippine Car News, Car Reviews & Prices - ************

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[mrstealyourgirl]

What's the rationale explaining why luxury cars are cheaper now?

I get that the government gets more revenue by taxing common cars than luxury vehicles. But the government also gets more revenue by keeping the taxes on luxury vehicles the same instead of lowering them.

I don't get it. Why do you have to make a Land Cruiser cheaper than it already is when people who have the money for one obviously don't need the savings?

And it's not like the 500k decrease of the Land Cruiser will make it suddenly more accessible to many. Those who weren't able to afford it at 4.5M most likely still won't be able to afford it at 4M. And what's more likely is that dealers won't drop prices and would rather keep the margins for themselves, knowing full well that their market has the capacity and willingness to pay the original higher price.

It sends a very strong message to the proletariat that the ruling classes can always craft laws for their benefit and there's nothing that ordinary people can do about it.

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Very well said.


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