Philippine National Taxi Operators’ Association (PNTOA) president Bong Suntay said on Tuesday, January 2, that a group of taxi operators may petition a Php16 per kilometer fare hike due to an increased excise tax rates on petroleum products under the Tax Reform for Acceleration and Inclusion (TRAIN) law.
The recently approved tax reform law or Republic Act NO. 10963 stated that diesel gets an excise tax of Php2.50 per liter from zero while the the excise tax on gasoline rises to Php7 from Php4.35. It was also stated that diesel will increase up to Php6 per liter and gasoline to Php10 by 2020.
“Ang magiging epekto niyan is mas lalong kakaunti yung mga taxing bumabyahe. Tapos nu’n maaring tumaas yung mga insidente ng driver na nangongontrata o ayaw magsakay o namimili ng pasahero… Hindi namin tinotolerate yung maling ginagawa ng driver but we have to become realistic,” Suntay said.
Department of Energy (DOE) clarifies that the new excise tax rates will not affect old inventory and will only affect imported petroleum products from January 1, 2018 onwards.
Source: GMA News Online
I made an estimate on my day to day expenses with excise taxes. It may be an estimate but it made me realize that even with additional take home pay (courtesy of lower witholding tax), I will be spending more on our everyday basic needs. In short, life is better without excise tax.
TRAIN doesn’t make a difference, a huge salary tax cut out is pale into insignificance with huge excise tax and the upswing of the price of commodities, although basic goods are excluded, but increasing the petrol price has a ripple effect overall, and it doesn’t make a whole lot sense in the middle and lower class’ perspectives in particular those minimum wagers whose their salary are already tax exempted and those who are already making ends meet, it is far from they would have any gain from this reform.
It is an additional morass to those who are already in dire straits, and putting much burden to proletariats. We know that poverty has a knock-on effects, and it could get crimes to creep up.
Hahaha.., in-English mo pa pa talaga. Hindi ko alam kung nagt.train ka or nagmamagaling lang. Kung in training I applaud the effort pero if nagmamagaling lang ayusin mo muna grammar, punctuation, proper tenses, tsaka use of preposition. Di mo kailangan maging verbose para iparating sa readers ng yuga yung point mo kasi di naman ito website para sa mga english majors. :p
Hey Nazi,
Your comment is presumptive that I speak Tagalog, how did you know? But if you think it falls short, then it could be because English is my second language, and I would be very thankful if you could help me out to improve it instead of picking it apart.
I know you are good in English because you could pick up on the errors, and if my comment didn’t come off well, could you point them out?
On the other hand, the article is written in English language as a lingua franca to lure non Tagalog speakers living here in the Philippines to have them aware what are things currently going on here, in particular IT related events. How would you expect to voice out their side, in their own native tongue?