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> BAJET 2014, live stream - added alternative stream

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FauxHawk
post Oct 25 2013, 05:34 PM

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QUOTE(Awsomener @ Oct 25 2013, 05:26 PM)
Nice to see such reductions, but where is the government going to get more money?

No GST, less taxes. Not that I am not happy, I am just sceptical.
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They are gona get it from ppl like me, who's legit income is below the min income tax bracket, but spends like the highest bracket.
FauxHawk
post Oct 25 2013, 05:53 PM

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QUOTE(Awsomener @ Oct 25 2013, 05:36 PM)
but no GST in 2014 wor. This is supposed to be a 2014 budget.
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Because they want to give more than 15 months to train ma.
FauxHawk
post Oct 25 2013, 06:53 PM

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QUOTE(kenji1903 @ Oct 25 2013, 06:46 PM)
dafak?!?!? 6% GST, personal income tax reduce by 1-3%?!?! doh.gif doh.gif doh.gif doh.gif doh.gif
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Do you spend every single ringgit you earn on non-exempted goods?
FauxHawk
post Oct 25 2013, 06:57 PM

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QUOTE(kenji1903 @ Oct 25 2013, 06:56 PM)
like that middle income still paying more... no difference... with GST they milk more from the poor doh.gif
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Whole tax structure got change la.
FauxHawk
post Oct 25 2013, 07:02 PM

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QUOTE(kenji1903 @ Oct 25 2013, 07:01 PM)
i know whole structure change...
take e.g. someone who kena max 26% personal tax...
let's say gahmen generous, give 3% reduction... he/she is paying 23%...
but with GST, add back 6%...
so effectively middle income guy/gal is paying 29%, dafak!? doh.gif
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That's only if you spend your entire salary on non-tax exempt goods.

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