Excise Tax? When June 2017 or 2018?

[babkalakal]

Only singe cab pickups are exempted from the tax ... double cab pickups will be taxed ... curious as to who will be the first one to bring in an electric vehicle ... Nissan Leaf? ...

Could somebody shed a clearer light on this? Some news reports cite the single cab only exemption while others cite pickups in general which leads me to assume indeed all pickup type included. Ano kaya exactly nakalagay sa batas?

[Monseratto]

Could somebody shed a clearer light on this? Some news reports cite the single cab only exemption while others cite pickups in general which leads me to assume indeed all pickup type included. Ano kaya exactly nakalagay sa batas?

Autoindustriya.com first reported that only single-cab are exempted in a 12/14 article.

Also of significance is the exemption of vehicles such as trucks, cargo vans, jeeps (i.e. "owner" type), jeepneys, jeepney substitutes (i.e. FB body), special purpose vehicles (i.e. cement mixer, crane trucks, etc.) and single cab pick-up trucks. Double-cab pick-ups are covered by the bill.

Then autoindustriya release a contradictory statement in 12/18

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.

Better wait for a goverment agency to release a official statement about this.

[therightone]

Nananakot naman ang Subaru haha parang ibang TRAIN ang tinitingnan...

Source: Subaru Philippines Great Deals

[jut703]

Can any of the brilliant minds here explain why the tax reform is pro-poor?

Say, I am a minimum wage earner who is already tax-exempt with the current tax scheme.

With this new tax bracketing, I DON'T GET AN INCREASE IN TAKE HOME PAY (because I was already tax-exempt to begin with).

However, since the excise tax on fuel, sweetened beverages, and reduced VAT exemptions apply to all (including me the minimum wage earner), I will end up with higher expenses.

So I get the same amount of take-home pay, but have to deal with higher expenses. So net, I end up with less.

Again, how is this pro-poor?

Probably pro-middle class and definitely pro-rich with lower estate taxes and cheaper luxury cars, but not pro-poor (which btw comprises the vast majority of Filipinos).

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[zoomzoom]

Can any of the brilliant minds here explain why the tax reform is pro-poor?

Say, I am a minimum wage earner who is already tax-exempt with the current tax scheme.

With this new tax bracketing, I DON'T GET AN INCREASE IN TAKE HOME PAY (because I was already tax-exempt to begin with).

However, since the excise tax on fuel, sweetened beverages, and reduced VAT exemptions apply to all (including me the minimum wage earner), I will end up with higher expenses.

So I get the same amount of take-home pay, but have to deal with higher expenses. So net, I end up with less.

Again, how is this pro-poor?

Probably pro-middle class and definitely pro-rich with lower estate taxes and cheaper luxury cars, but not pro-poor (which btw comprises the vast majority of Filipinos).

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Exactly what the taxi driver I rode to work today was telling me ... walang benefit ang mga mahihirap sa TRAIN na ito, bagkus lalo pa silang maghihirap dahil tataas presyo ng mga bilihin dahil tataas ang krudo at kuryente.

[dreamur]

Just like appeasing the police and the military to avoid a coup, he needs to contain those who have the resources to mobilize a crowd and the potential to lead a revolution.

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[CVT]

Dapat DOF maglabas ng computation ng all brands and models Para malaman ng buyers if meron nanaman nakitang loophole mga dealers.

Tapos Mandate nila na i-post yun table ng price sa mga showrooms

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Lahat halos ng mga dealers,- nananakot!!!

Pasko naman ngayon; Hindi Halloween.....

[XTO]

Exactly what the taxi driver I rode to work today was telling me ... walang benefit ang mga mahihirap sa TRAIN na ito, bagkus lalo pa silang maghihirap dahil tataas presyo ng mga bilihin dahil tataas ang krudo at kuryente.

Crime rates for sure

[jut703]

Saw this on FB and it discusses with greater clarity the point I just raised:

Lower taxes, finally!

Hindi ako magpapaka-ipokrito. Ang sarap iimagine na tataas yung take-home pay ko.

Minsan nga kebs na ako sa sinasabi nilang magmamahal ang ilang inumin na matamis (magda-diet na ako di ba?) at langis (na magpapamahal ng pamasahe at delivery ng mga produkto, pati kuryente) at coal (na magpapamahal sa kuryente) atbp dahil may dagdag-tax din sila.

Kebs kasi hindi ko pa naman talaga alam magkano imamahal nun. Di ko pa nararamdaman. Malay ko ba kung mas malaki pa rin pala yung itataas ng take-home pay ko kesa dagdag-gastos. Takot ako pero as of now, mas nangingibabaw yung ideya na bababa ang tax ko at tataas ang take-home pay ko. Yun yung mas madaling kwentahin at mas kongkreto.

Kebs na nga kahit na mas tataas din ang take-home pay ng mga kumikita na ng P8-M kada taon (sila yung pinaka-malaki ang “savings”). Nakakainis pero sige na nga, damay din naman sila sa magpapasan din ng dagdag-gastos.

Kung sarili lang natin iisipin natin, ayos ito. Pero hindi naman lahat tataas ang take-home pay. Yung mga dati nang walang trabaho, yung dati nang walang tax dahil minimum wage earner, yung mga dati nang walang tax dahil hindi naman sila laging may trabaho — walang mababago sa “take-home pay” nila.

Pero may dagdag-gastos pa rin sila dahil sa dagdag-tax sa mga products.

Kahit saang anggulo mo tignan, sila talaga yung kawawa eh. Tayo, may dagdag-gastos pero may dagdag-kita (dahil less tax). Yung mga milyon ang kita kada taon, mas tataas pa kita nila (dahil less tax) kaya kayang-kaya nila ang dagdag-gastos. Yung mahihirap, walang dagdag-kita, pero may dagdag-gastos.

Hindi naman sa killjoy ako. OR pinapa-guilty ko tayo. We need not feel guilty, if we get more value sa pera na pinaghirapan naman natin, na pinagpuyatan, na kahit baligtarin ang araw at gabi makaraket lang ng marami. Pero konting empathy naman.

At gaya ng sabi ko, hindi ako magpapaka-ipokrito dahil dati pa naman eto na yung gusto ko - lower taxes. But I didn’t really wish for higher taxes for goods. Akala ko higher taxes from those earning more (Hindi kaya ng gobyerno na taasan singil sa kanila?) OR tax sa businesses na hindi maipapasa sa atin.

Pero hindi eh, pati sila bababa ang tax at mas malaki pa yung mase-save nila kaya mas lalayo pa ang agwat nilang mayayaman sa middle class at sa mahihirap.

Naalala ko nun, lalo nung kasagsagan ng Kadamay issue, naisip ko noon middle class talaga ang lugi. Na yung mahihirap — they get subsidies; na yung mayayaman — mayaman na sila eh, and powerful and influential. Tapos yung middle class — heavily taxed. Kaya yung middle class, hirap bumili ng bahay kaya umuupa na lang; habang yung mahihirap, may pabahay at yung mayayaman, maraming bahay.

May tampo, hugot, galit na siguro ako noon sa lipunan. Pero kung magiging emphatic lang tayo, nung sinubukan ko lang ilagay yung sarili ko sa sitwasyon kanila — na kelan man hindi ko talaga magagawa — hindi ko kelan man maiisip na mas swerte ang mahihirap. At yung anumang tulong na naiiaabot ng tax natin sa kanila, kulang na kulang yun.

At yung mga katwirang kung magsisipag lang sila, aangat din sila — maaring totoo yan sa ilan pero mahirap yan sa mas nakakarami.

Sa pag-aaral na lang eh, dehado na agad yung ‘di nakapag-almusal. Nung nasa public school ako, kumpleto libro ko pero yung mga kaklase ko hindi. Between two people na magkasing-sipag at magkasing-talino, llamado pa rin yung kumpleto ang libro.

Minsan kahit anong sikap nila na umahon, nilulunod talaga sila ng kahirapan na resulta rin ng hindi na nga pagkakapantay-pantay ng mga tao, na irereinforce pa ng mga systema tulad nito.

Kung hindi niyo ma-gets, hinanap ko talaga itong comics na ito. Paalala sa atin na hindi tayo nasa lugar natin dahil lang magaling tayo o masipag tayo. Na may halo ding swerte yun. At yung iba, hindi sila mahirap dahil tamad sila. Minsan mas higit yung sipag nila. Lugi lang talaga sila. At sa bagong tax system mukhang oo, dehado rin sila.

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[Vodka]

yeah basically TRAIN gets to tax the poor (majority of pinoys) which they couldn't tax before. so more money for infra projects which may benefit the poor also, but not always (like airport dev't)

the rich get richer, the poor get poorer. but for once the middle class get some relief