GST 4%, thanks a lot mate...

Another feather on the cap? Asyik nak ikut orang je, orang buat GST, kita pun nak buat GST. Whats the real problem actually? Short of cash? Inflation? With this 4% government is getting rm1b additional into its coffer. But what are the effects? Buying power is reduced by 4%, i believe this is fair to assume! IMF recommend GST kita pun ngikut!!! If the gov is short of RM1b, then there are a lot of other ways to get this money. Key word is "BUSINESS!!!" dont tax people as u wish. Thats a feudal practise!!! When the govs were not bright enough, they tax their people. Now I believe more had been to Harvard, and are bright enough, then taxing should be the last resort.

Remember last time I wrote about making money for the gov through companies like Petronas for the abundance of minerals underneath our terrain? They can always set up ENAS (Emas Nasional) to dig out gold, TENAS (Tembaga Nasional), BANAS (Balak Nasional) what else do we have underneath? Germanium? Kaya pakcik kalau ada mende ni hihihi...Whatelse can we do? Another easier way, asked the GLCs for another RM50mil each, perhaps another RM500mil from Petronas alone, kowtim!

Another easier way, review the gov spending, especially goverment projects. This one I'm willing to volunteer for the job, as I am very used to it. Come on, dont tell me you cant get a RM1b cost down from over RM200b budget?

So still got to do this GST for other reasons? To curb spending? Biar betul, urban poverty line is already at RM3k, what to spend, all are necessities! Perhaps GST is good for things like, ciggy, 4 digits, massage services, entertainments like concerts, football matches etc. Then it sounds reasonable. Dont do like Japan for this one, GST covers everything, Onigiri, Sushi, Sashimi etc. All in!
How do you feel if you have to pay extra for Nasi Lemak? Perhaps you dont right? If you dont mind, then it'll beat the purpose! The idea of imposing GST is to make you do mind spending.So that you will stop spending and save the money.If you continue buying even with a fret, then the purpose looks very much like the one written in the beginning of this blog, just to enrich gov's coffer!

The easiest way to increase saving is by increasing EPF contribution rate, perhaps 11%+4%. Of course shouldnt go flat on everyone, i.e RM4,000~6000=+2%,>6000=4%. Senang nak managekan? Tak payah buat account baru, organization baru, etc. The monies go direct from spending to saving, no losses in between!

Then better think carefully before doing this, PRU13 is getting closer by the day...