{"id":13238,"date":"2022-10-11T18:05:29","date_gmt":"2022-10-11T10:05:29","guid":{"rendered":"https:\/\/www.ibon.org\/?p=13238"},"modified":"2022-10-11T18:24:22","modified_gmt":"2022-10-11T10:24:22","slug":"cutting-oil-taxes-will-help-control-inflation","status":"publish","type":"post","link":"https:\/\/www.ibon.org\/tl\/cutting-oil-taxes-will-help-control-inflation\/","title":{"rendered":"Cutting oil taxes will help control inflation"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Oil product prices will be lower without oil excise taxes and the 12% VAT.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest oil price hikes increase the price of gas to as high as Php79.52\/liter and of diesel to as high as Php85.79. The oil excise tax and VAT amounts to Php19.54 and Php16.29 for gas and diesel, respectively.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation.png\"><img loading=\"lazy\" decoding=\"async\" width=\"4000\" height=\"4000\" src=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation.png\" alt=\"\" class=\"wp-image-13245\" srcset=\"https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation.png 4000w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-300x300.png 300w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-1024x1024.png 1024w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-150x150.png 150w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-768x768.png 768w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-1536x1536.png 1536w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-2048x2048.png 2048w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-70x70.png 70w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-110x110.png 110w, https:\/\/www.ibon.org\/wp-content\/uploads\/2022\/10\/221011-oil-inflation-1000x1000.png 1000w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\" \/><\/a><\/figure>","protected":false},"excerpt":{"rendered":"<p>Oil product prices will be lower without oil excise taxes and the 12% VAT. The latest oil price hikes increase the price of gas to as high as Php79.52\/liter and of diesel to as high as Php85.79. The oil excise tax and VAT amounts to Php19.54 and Php16.29 for gas and diesel, respectively.<\/p>","protected":false},"author":3,"featured_media":13245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1269],"tags":[692,1498,1769,1528,775],"class_list":["post-13238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infoposts","tag-inflation","tag-oil-excise-tax","tag-oil-prices","tag-oil-taxes","tag-vat-on-oil","wpautop"],"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-07-23 20:16:19","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts\/13238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/comments?post=13238"}],"version-history":[{"count":2,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts\/13238\/revisions"}],"predecessor-version":[{"id":13246,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/posts\/13238\/revisions\/13246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/media\/13245"}],"wp:attachment":[{"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/media?parent=13238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/categories?post=13238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibon.org\/tl\/wp-json\/wp\/v2\/tags?post=13238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}