Finally, the PM is making a bold move. Firstly introducing the GST and now the removal of subsidies. Read here .
I have no problems with GST or the removal of ALL subsidy.
However, I’m asking for the totally ridiculous import duties on cars, which was first put in place to protect Proton but has now become a major revenue for the Government, to be removed as well.
Also please reduce the burden on the 1 million tax payers. Personal tax rates should be lowered to less than 20%, in line with Singapore and Hong Kong. The rich don’t pay taxes and it’s the working class who is bearing the brunt of the income tax…
PS while you are at it, why not introduce an inheritance tax to tax the really wealthy? Otherwise the wealthy will just become more wealthy. Set a threshold of say RM10 million exempt and tax 20% on anything above? And NO EXEMPTION for corrupt politicians please!