not bad at all. all new 2019 explorer kaya.
How the Approved Excise Tax Bill Affects 2 Popular Vehicles | ************ - Philippine Car News, Car Reviews, Car Features, Car Buyer's Guide and Car Prices.
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I can live with this increase if it will fund our transportation infrastructure. We all benefit. And driving can be more enjoyable. But the previous proposal and the price hikes were crazy. I admit i went panic buying hahaha. But am very happy with the purchases.
Now at least i can program my car dreams more sedately. And more prudently. Yes its more expensive but not impossibly expensive.
The GT-R dream remains alive
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More acceptable, but on the luxury segment it still stinks of populism/socialism. And the excise tax on fuel will still bite us hard.
I actually went to 3 dealers prior to buying my new unit. All offered the same price and discount. I went with the sales agent who didn't mentioned the word excise tax during the negotiation and final sale. For the 2 agents, they keep mentioning the excise tax right from the start.
Unfortunately... these new taxes are necessary to cover the expected shortfall in collections after they exempt millions of low wage earners from income tax altogether.
In other words... don't expect any major increase in infrastructure spending as a direct result of this tax... though the government is hard-set on spending as much as possible, anyway... as long as a China-allied President is in office.
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So looking forward to paying off all those Chinese loans with compound interest.![]()
Ang pagbalik ng comeback...
Sen Angara wants to hear from you now while the hearing is going on
when you look into the abyss, the abyss looks into you
Current form is HB5636:
https://www.google.com.ph/url?sa=t&s...ykUjwndutjpHdw
Is it just me or is the current form of the bill the same as the last one?
Still + Php 5.65/ liter for gas, + Php 6.00/liter for diesel by 2020. 😥 Expect income tax reduction to be negated or overtaken by the rising cost of gooda and services. And the informal sector who don't pay even a peso of tax, to become poorer.
Article by the current president of the Freedom from Debt Coalition warning about the poor being affected the most by the additional excise tax on fuel:
Why the government TRAIN could derail | Inquirer Opinion
From Autoindustriya's inside man warning about possible defaults in debt by major auto industry players due to declining sales caused by the additional excise tax on cars:
https://www.autoindustriya.com/insid...ise-taxes.html
The best and brightest indeed
The sad part is, when things go bad its always the fault of the oppositors
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