Excise Tax? When June 2017 or 2018?

**jut703** · December 19th, 2017 10:43 PM

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** · December 19th, 2017 10:50 PM

Originally Posted by 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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The senators are buying those cars.😆

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**jut703** · December 19th, 2017 10:53 PM

Originally Posted by falken

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** · December 19th, 2017 11:10 PM

Originally Posted by jut703

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** · December 19th, 2017 11:29 PM

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** · December 20th, 2017 12:18 AM

Originally Posted by 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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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** · December 20th, 2017 02:23 AM

Originally Posted by 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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bro ano ilalagay doon, NET ba?

**JJB** · December 20th, 2017 02:28 AM

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** · December 20th, 2017 03:13 AM

Originally Posted by 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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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** · December 20th, 2017 04:45 AM

Originally Posted by 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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Very well said.

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