as per topic...

unker think malaysia tax system is broken and need to reform...

otherwise, we will continue poorer and poorer because the tax tier is so high

We need to factor in the ringgit depreciation

This post has been edited by xiaojohn: Oct 14 2023, 12:56 PM

As long can hit 3.99 I am happy!!

Those politicians bertaraf menteri need to spend money overseas lah, how dare you ask them cut our taxes?

This post has been edited by Fork: Oct 14 2023, 12:50 PM

talking all this are useless, first revised the salary and allowance for all those MP, ministers and consultant with minister status.

Then look into the bloated civil services that we have in the country. Its one of the most bloated one but efficiency leaves much to be desired. Once those are addressed then we can look into how to reform the tax in Malaysia.

GST is the way to go but PH scrapped it last time, no face to bring it back

not cut, but normallised....

last time MYR: SGD is 1:1.2

now is so much different....

with the ringgit depreciated so much....don't the government should review the tax structure?

technically there is no M40 in malaysia....it is B80 and T20

but malaysia will become poorer and poorer as a country

nothing to do with GST....please read above topic and content again

Cut down on civil servants and attract more foreign investments la

tax should also be imposed on B40

related questions..if we dismantle income tax but revive gst..can the nation survived with that changes? need ya all opinion...

that's not the right benchmark...

it should be, if one earns say 500K rm, how much is the tax.
if 500K rm but in USD and in America, how much is the tax.
if 500K rm but in SGD and in SG, how much is the tax.

Maybe if you put something like 20% GST then GST can replace income tax la.

But B40 and M40 would riot immediate once they see 20% GST

Delima kasi tapi anda bukan kera jaan

Will that help to increase exchange rate??

So MY remain lowest

Introduced gst but income tax still same, better just scrap it

hey....can read or not?



above table is the header at below table....



what is not the right benchmark?

This post has been edited by xiaojohn: Oct 14 2023, 03:43 PM

lowest of disposable income - low buying power....really low