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Title: Tax evaders Crushed with Heavy Equipment in Philippines (VIDEO)
Source: INQUIRER
URL Source: http://newsinfo.inquirer.net/966630 ... n-of-p61m-smuggled-luxury-cars
Published: Feb 6, 2018
Author: Nestor Corrales -
Post Date: 2018-02-06 18:57:37 by Hondo68
Keywords: None
Views: 489
Comments: 8

President Rodrigo Duterte witnessed the condemnation of smuggled imported luxury cars at the Bureau of Customs (BoC) in Manila on Tuesday.

Road rollers crushed 20 high-end vehicles worth at least P61.6 million, which included brands and models like Lexus, BMW, Mercedes Benz, Audi, Jaguar, and Corvette Stingray.

The condemnation of 10 other luxury vehicles was also done simultaneously in the ports of Cebu and Davao.

Previously, Duterte said that the destruction of luxury cars was meant to send a message to wealthy car enthusiasts who do not pay right import duties.

“You want imported cars? Pay import duties first,” Duterte earlier said.

BoC Commissioner Isidro Lapeña has said that his agency would destroy smuggled luxury cars instead of putting them up for auction.

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#1. To: hondo68 (#0)

It is a strange choice to destroy such things of value instead of auctioning them and bringing revenue to the state. A poor country should not be so wasteful.

Vicomte13  posted on  2018-02-06   19:11:13 ET  Reply   Trace   Private Reply  


#2. To: Vicomte13 (#1)

It is a strange choice to destroy such things of value instead of auctioning them

Sending a political message is more important to them. mucho macho, king of the hill!

Hondo68  posted on  2018-02-06   20:08:33 ET  Reply   Trace   Private Reply  


#3. To: Vicomte13 (#1)

Likely, those who sought to escape paying import fees would buy them at auction. P.I. are different.

I really like what they do to drug dealers though. It is better for society that they die, than live in a homeless encampment with free needles, completely living off the backs of the working class family.

THIS IS A TAG LINE...Exercising rights is only radical to two people, Tyrants and Slaves. Which are YOU? Our ignorance has driven us into slavery and we do not recognize it.

jeremiad  posted on  2018-02-06   20:38:15 ET  Reply   Trace   Private Reply  


#4. To: Vicomte13 (#1) (Edited)

A poor country should not be so wasteful.

Maybe a poor country should look for sources of beauty other than shiny materialistic bobbles imported by "elite" criminal a$$holes who think they're above the law.

VxH  posted on  2018-02-06   21:28:54 ET  Reply   Trace   Private Reply  


#5. To: jeremiad (#3) (Edited)

completely living off the backs of the working class family.

How's that work exactly when 1s and 0s in the global "economy" are pulled out of the arse of the NWO?

"the backs of the working class family" meme only holds up in the context of an economy that's responding to the real market forces of supply and demand.

The Market, Isn't - and hasn't been at least since the wizards behind the curtain stopped publishing M3.

"Since 2006, the Fed no longer publishes M3 data"
www.investopedia.com/terms/m/m1 .asp

VxH  posted on  2018-02-06   21:33:58 ET  Reply   Trace   Private Reply  


#6. To: hondo68 (#0)

Duterte said that the destruction of luxury cars was meant to send a message to wealthy car enthusiasts who do not pay right import duties.

“You want imported cars? Pay import duties first,” Duterte earlier said.

Good idea!

rlk  posted on  2018-02-06   21:35:03 ET  Reply   Trace   Private Reply  


#7. To: VxH (#5)

Whatever happens with dollars, whether borrowed, printed or 1's and 0's in a database, the taxpayer pays for with time served on the job.

THIS IS A TAG LINE...Exercising rights is only radical to two people, Tyrants and Slaves. Which are YOU? Our ignorance has driven us into slavery and we do not recognize it.

jeremiad  posted on  2018-02-07   0:18:33 ET  Reply   Trace   Private Reply  


#8. To: jeremiad (#7) (Edited)

The value of Taxpayer's dollars is determined by the arbitrary value of abstract credits wafting through the economy. That value is set by those who control system that manufactures the credits.

That value generally has had no relationship to real supply and demand since at least 2006 - when proliferation of derivative instruments made it clear that m3, and the value of the dollar, no longer had real market value.

Of course the tax payer still owes credits as the credit manufacturers see fit. Is that fair? No, but that is reality.

But, OTOH, it might not be an entirely bad thing when automation further diminishes the need for human labor -- and a universal income renders purpose where none would otherwise exist.

What is the velocity of money?

VxH  posted on  2018-02-07   12:08:41 ET  Reply   Trace   Private Reply  


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