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                    [Title] => It’s time for the ‘People’s car’
                    [Summary] => Remember the "people’s car"? One of the main stumbling blocks to the program, as claimed then by the proponents, was the 15-percent excise tax. With Republic Act 9224 reducing the said tax to a mere two percent, the "people’s car" would now be a very affordable alternative to the middle-income earners who have been aspiring to own brand new vehicles.


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FIAT AND NISSAN

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                    [Title] => It’s time for the ‘People’s car’
                    [Summary] => Remember the "people’s car"? One of the main stumbling blocks to the program, as claimed then by the proponents, was the 15-percent excise tax. With Republic Act 9224 reducing the said tax to a mere two percent, the "people’s car" would now be a very affordable alternative to the middle-income earners who have been aspiring to own brand new vehicles.


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It’s time for the ‘People’s car’

By Rey Gamboa | October 4, 2003 - 12:00am

Remember the "people’s car"? One of the main stumbling blocks to the program, as claimed then by the proponents, was the 15-percent excise tax. With Republic Act 9224 reducing the said tax to a mere...

Business