lol, my proposal for a fund for automation of processes is in there (though not as large as i wanted)

he doesnt realise that bank funds put a chunk of their portfolios into malaysian govt securities and bonds too

once. if the thing goes through multiple processes, each producer claims the tax amount paid.

its already included in the purcase and sales of whatever shops you visit (unless you pick your own food from the farm). those coss are already included in your price - courtesy of the shopkeeper.

under gst, the shopkeeper doesnt need to pass of the accumulated taxes - they pass on the 6% gst on the final price and claim the 6% he paid on the intermediate stages from the govt.

no its not. the old tax depends on people who declare it - the lazy (or evaders) can just not report and not pay.

gst puts in the tax in the price they pay. those who want to evade cant since they've paid already, those who are lazy (to fill out their claims for gst paid) forfeits that tax credit.

so even with the same % of taxes, you get more because its a more efficient method.

the price will initially increase to take account the tax. after all, they dont want to make a loss. if there's a demand, good. but if there's no demand for these lots that just went up 30%, then the seller gets sweaty.

he'd either need to keep it and start paying the mortgages, or start reducing the price and absorb losses. if he keeps it and pays off the mortgages, then he'd have less 'bullets' to buy other houses.

people who would've wanted to buy and sell on speculation will now think twice.

net result = a whole lot less speculators. prices may or may not fall, but it wont go up as fast.