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    Scrap the VAT on oil
     

    ONE of the things I missed during my recent visit to Australia’s Gold Coast was the annual Wintersun Festival where more than 1,500 classic cars were shown and reportedly auctioned.

    It was held in Coolangatta where I disembarked after coming from Sydney. I was immediately fetched by a Magic Millions car and was bought to my designated room in Genesis Apartment at Surfer’s Paradise. Because of the hectic schedule at the Magic Millions National Sales, I was unable to sneak out and look for Barry McNamara, the organizer of the event, whom I earlier contacted by e-mail.

    I was able to follow the festival through the dailies (including an Elvis Presley event, which Manny Santos really missed, huh!), including the one about three classic cars which were stolen by high-class thieves—two are still missing while one was stripped of its important parts and cut into three pieces before it was burned.

    The burned car, a 1973 wild plum XA GT Ford replica coupe owned by a certain Rob Hohnke worth A$100,000 (P4.5 million), was dumped at Jacobs Well, 10 days after it was reported missing. The other two were a $55,000 (P2.5 million) 1970 HT GTS Verdoro green and gold-striped Holden Monaro (rego PHT-253) belonging to Glen and Laurie Hamilton, of Rockhampton, and a 1971 zircon green XY GT Ford Falcon (RA-351) valued at about $300,000 (P13.5 million) and owned by Robert and Leslie Anderson of Narrabri in NSW.

    In Australia, classic Fords and Holdens are prized by collectors and fetch record prices. Last year alone, a 1971 Ford Falcon GTHO Phase III set the benchmark with a price of $750,000. That’s something like P33.7 million! It’s no wonder that classic car theft is on the rise in the Gold Coast.

    SEÑOR Arnel Doria has assumed the full-time position of general manager of the newly built Honda Safety Driving Center (HSDC) in Parañaque City.

    He formally stepped down as the vice president for marketing of Honda Cars Philippines Inc. (HCPI) on Monday to assume his new responsibilities.

    HSDC was established on March 20, 2007, through the initial donations from Asian Honda Motor, Honda Philippines Inc. and HCPI “to champion the corporate direction to promote safety driving to the Filipino road users.”  The HSDC training facility was formally inaugurated on April 9 and was opened to the public on May 2.

    “I am extending my invitation to join us in a common effort to improve traffic discipline and help reduce road accidents,” Doria said in his recent e-mail.

    ****

    ASIDE from Holy Week, the only time you see the streets of Manila almost deserted in broad daylight is whenever the “Pambansang Kamao” Manny Pacquiao has a scheduled fight.

    Busy streets are suddenly cleared of traffic. Jeepneys and tricycles that clog every street corner are gone as their drivers are busy watching television. Even traffic enforcers and policemen are nowhere to be seen.

    Cruising is traffic-free until the delayed airing of the fight is finished. By the time the cars are back on the streets, drivers and occupants are wearing happy faces—a sign that Manny Pacquiao won. That’s how much this phenomenal boxer affects the lives of Filipino motorists.

    ****

    THANKS to the card-production technology introduced by Mega Data Corp. and Amalgamated Motors of the Philippines Inc. (Ampi) in 1992, the Land Transportation Office (LTO) now processes the application for drivers’ licenses in a fast and almost foolproof manner.

    Through the multifunctional and highly convenient Ampi-Mega printing technology, the LTO has successfully decentralized its nationwide drivers’ license processing operations. The LTO also introduced several one-stop license renewal kiosks all over the country. These kiosks are strategically located in commercial centers and shopping malls and are very easily accessible to more than three million out of the 12 million drivers who renew their licenses annually.

    ****

    I REALLY hated waking up last weekend to find out that the price of unleaded gasoline was just a few centavos away from P60 a liter.

    It was a nightmare that had come true.

    A rise in the price of oil forces many producers to jack up their prices. Higher oil prices means higher prices on everything else, which means higher VAT and higher income for the government. It’s an equation that boggles the minds of the poor and the needy.

    I think the government should consider lifting the VAT on oil and its byproducts in order to alleviate the misery of not only the motorists but also 70 percent of the nation’s population who are living in poverty.

    By simply taking away the VAT on oil, motorists will save around P6 to P7 per liter, which would also translate to the lowering of food prices. The government can easily do it by simply asking the Congress to amend the law on VAT on oil products. That can be done in a day or two if they really want to alleviate the suffering of our countrymen. 

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