the relation is slightly complicated, but yes, rm will go up with gst.

I don say this....... I just ask the expert. The problem is currency..... I was lead to GST

i don't understand the figures at all...

i dont know, i think they'll want to keep it low for as long as possible.

Tax money. Budget deficit reduce or even surplus.

i dont know, i always tot currency going up is better.



which country economy is good but currency keep going down and their average workforce salary increasing slow slow... ?

they can reduce it by other means, but the direct result of a gst (well, as direct as possible) is that its positive for the ringgit, through increased confidence in the fiscal strength of the gov, and more foreign purchases of local bonds.

gst doesnt affect exports - so they have no bad effects on export demand. it may likely have a negative affect on imported goods, so there's a lower demand for imports there also.

This post has been edited by empyreal: Aug 14 2013, 11:27 PM

I just hope after GST, income tax will be lower.

salary increment is not a right,

majority of poeple in malaysia dont earn a said salary to be fair

Quite impossibru because it meant to increase government tax collection, not increase from source A, and then decrease from source B.

majority need part time? 2 jobs?

or majority is expert in KLSE??

kinda depends. you can decrease from source B, because there'll be a whole lot more of source A (who have been previously avoiding taxes).

basically, those people who are currently escaping taxes will subsidise those who are currently paying taxes. which is good.

GST membebankan rakyat.... am i right??

you do realise that the burger guy down the road from your place can easily rake in RM3k p.m

or the fact that even if you worked in mcdonalds, your earnings per month can go up to 3- 5k if you get promoted to manager

or the fact that many malaysians, dont have a "job", the nasi lemak seller doesnt have a job. those with corporate jobs are only a small portion of malaysian economy

This is true actually.
Small businesses make more money than entry level jobs, and have the potential to grow as well.

i really don't think our PM are fit to be position as Finance Minister ! he might fit to be a leader Prime Minister , but 100% sure hes not a finance guy !! so please step aside for pros, with proper background and portfolio ! pleaseeeeeeeeeeeeeeeeee

najib studied econs
anwar studied malay studies

so by your logic...

its ok /k is also part of the finance minister

semua kat k nie bijak bijak dan arif pasal ekonomi

janji dicapati.... Malaysia boleh !!!