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.
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.
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.
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.
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.
