Pakatan promises to scrap the GST within 100 days of coming into power.
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Najib had recently mocked Pakatan's pledge to abolish the GST if it wins the next general election, stating:
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But Mahathir kinda spoiled that promise. He admitted and advised that GST could only be scrapped if the sales tax is restored.
Taxation is a reality of the nation being able to survive, unless our nation is as rich as Brunei or some of the Gulf countries.
In other words, with the return of sales tax, it'll be back to square one, with one difference - some people are good at avoiding sales tax. Chinese have always been complaining they have been the only ones to pay tax. Those days will return after Pakatan scraps GST which earns for the nation RM41.2 Billions.
In some cases sales tax at 10% will definitely be far more expensive than the 6% GST.
Mahathir further advised that the process of abolishing the GST must be done gradually, perhaps (I am guessing here) over a period of 50 years, wakakaka. He cautioned, far more wisely than some moronic Pakatan young leaders:
In some cases sales tax at 10% will definitely be far more expensive than the 6% GST.
Mahathir further advised that the process of abolishing the GST must be done gradually, perhaps (I am guessing here) over a period of 50 years, wakakaka. He cautioned, far more wisely than some moronic Pakatan young leaders:
“If we suddenly abolish it and we have no source of income, it will be bad for the government. In the past, even with petroleum, when we had to increase the price of petrol, we did it stage by stage so it doesn’t hurt the people or the government’s finances.”
"They want to abolish GST, with no answer at all on how they would find the RM41 billion in revenue that GST bought last year.”
Thus Mahathir has wisely saved the Pakatan youngsters from their moronic boast. Maybe there is after all a use for Mahathir in Pakatan, considering how dumbo, reckless and boastful people like Nurul has been in promising to set GST at zero.
Thus Mahathir has wisely saved the Pakatan youngsters from their moronic boast. Maybe there is after all a use for Mahathir in Pakatan, considering how dumbo, reckless and boastful people like Nurul has been in promising to set GST at zero.
Related: Very Fake News on Kembung-Kerang?.
