Mahatir Wanna Bring Back GST. Lol :D

[AhMeng]

Tun M Says GST Can Come Back If That Is What The People Want
BY YAP WAN XIANG — 03 OCT 2019
The Malaysian Institute of Economic Research (MIER) is urging the government to bring back the Goods and Services Tax (GST) in the upcoming Budget 2020.
Cover image via New Straits Times

• Prime Minister Tun Dr Mahathir Mohamad said today, 3 October, that the Goods and Services Tax (GST) could be brought back
  • According to Malaysiakini, Tun Dr Mahathir said that the government will study if the GST is better than the Sales and Services Tax (SST) and if it is something the Malaysians want, then the Pakatan Harapan government will consider bringing it back.

  • Well, if the people believe it (the GST) is better, we will study that.Tun Dr Mahathir

  • 
    
    Image viaBusiness Insider Malaysia
• This comes after the Malaysian Institute of Economic Research (MIER) urged the government to bring back the GST in the upcoming Budget 2020
  • 
    
    Image viaNew Straits Times
  • MIER chairman Tan Sri Kamal Salih said instead of a six percent tax rate, he suggested the new GST could be at a lower rate of three percent, reported The Star.
    
    Kamal said the GST was responsible for keeping the government afloat when the crude oil price plummeted below USD36 per barrel in 2015.
    
    "The GST is a fair system – some people said it is regressive because the poor would be affected," said Kamal.
    
    "But we have exclusion clauses that will protect the lower income group, or B40."
• The MIER chairman added that the current tax system will never be able to produce the same amount of collection as the GST despite the effort of expanding SST taxable sectors
  • Kamal said the government should reintroduce the GST as soon as possible.
    
    He, however, added that a steady economic growth should come before it or else the reintroduction of GST would end up burdening the people, reported Malay Mail.
• When asked if Budget 2020 would see the tax system change, Tun Dr Mahathir said that it would be difficult
  • "It will be difficult (to study it for) this budget. Maybe later on," Dr Mahathir was quoted as saying by KiniTV.
  • 
    
    Finance Minister Lim Guan Eng during Budget 2019.
    Image viaParlimen Malaysia
  • Budget 2020 will be tabled on Friday, 11 October.
    
    The Pakatan Harapan government previously abolished the GST after winning the 14th General Election.
    
    Malaysia went through three months tax holiday before the SST was introduced, a tax system that charges 10 percent on goods and six percent on services.

 

[Hypocrite-The]

Joke of the decade..policy U-turn?

 

[rotiprata]

Tun M Says GST Can Come Back If That Is What The People Want

• 

we're from the same kampong....

 

[tun_dr_m]

Than Bastard NAJIB cry or LAUGH inside his fucking jail cell!

 

[Rogue Trader]

Ah neh flip prata

 

[whoami]

Tun is Najib mentor. Obviously latter policy like GST...business with china cant be wrong. Can stick PH manifesto into their own ass.

 

[rushifa666]

The real joke is sjnkies having the blindness of laughing at just 6% tax when pap already fucked them good

 

[syed putra]

Its the economic institute and that wants gst back. Because the sales tax is not genersting enough to cover gahmen budget.especially after najib increased civil service pay snd pension when oil was high.

 

[JohnTan]

Sinkies support paying the GST because the money goes to helping the poor and reducing personal income tax.

 

[mojito]

The real joke is sjnkies having the blindness of laughing at just 6% tax when pap already fucked them good

Do you see people demonstrating? No means the people want it, Tun also say so.

 

[glockman]

Joke of the decade..policy U-turn?

Ah neh flip prata

Politicians, especially those from the pap, call this being flexible and in tune with changing circumstances. It's never their fault or their lack of foresight.

 

[whoami]

Politicians, especially those from the pap, call this being flexible and in tune with changing circumstances. It's never their fault or their lack of foresight.

Absolutely. Was never garment fault in the first place. Every policies are good for sinkies. Thats why sinkies voted for pap every GE without fail.