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 Difference when GST intro'ed and now

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TSRoblox Malaya
post Mar 17 2024, 09:15 AM, updated 2y ago

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When GST 6% was first implemented in 2015 during Jibby time after years of planning, we also got

1. Corporate Tax reduced from 25% to 24% for that year.

Since then corporate tax has never been reduced anymore causing us to fall behind the rest of ASEAN which reduced their taxes in subsequent years to attract investments.

2. Personal income tax highest band reduced from 26% to 25%.

Since then, the top band has been increased after GE14 to 30%

3. Households with RM4,000 per month income and below are no longer required to pay any income tax.

4. BR1M was increased almost 50% from RM650 to RM950.

In year 2024 when we now have CUKAI SST 10% + 8%, CUKAI LVGT 10%, CUKAI CGT 10%, CUKAI DST 8%, CUKAI HVGT 10% and increase in water, electricity, Indah Water bills as well as airport tax increase...

WHAT DO THE PEOPLE GET IN RETURN?

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TSRoblox Malaya
post Mar 17 2024, 09:51 AM

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QUOTE(pureawesomeness @ Mar 17 2024, 09:48 AM)
It seems like you're highlighting various changes in taxes and government initiatives over the years. It's important to consider the broader context and impact on the economy and society. While taxes and fees may increase, it's essential to assess how these changes contribute to public services, infrastructure development, social welfare programs, and overall economic growth. Additionally, transparency and accountability in government spending are crucial for ensuring that citizens receive value in return for their contributions.
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why this sounds like a chatgpt generic answer?
TSRoblox Malaya
post Mar 17 2024, 10:05 AM

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QUOTE(Chanwsan @ Mar 17 2024, 09:53 AM)
Diam 7 lah sei sohai cocksucking dupe
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lol.. moronic cibai comment.
TSRoblox Malaya
post Mar 17 2024, 10:22 AM

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Almost all ASEAN countries now have GST. That's why most have been able to reduce corporate tax to attract foreign investments.

This is why global or ASEAN HQs now bypass Malaysia. Because our neighbours have gotten more competitive than us.

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