A BIG NO TO GST!
By the Administrator
On 8th March, Tony Pua, MP Petaling Jaya Utara(DAP), and Dr. Zul;kifli Ahmad, MP Kuala Lelangor (PAS), briefed the Penang Pakatan members on GSY (Goods and Services Tax) to be tabled by the BN Government in Parliament soon.
Members are now fully aware of GST’s impacts on the whole fabric of the Malaysian society and the hidden agenda of BN to pass on the tax burden which is now shouldered by less than 20% of our population to be passed on 
to everyone. Tony Pua pointed out that out of the 12 million Malaysian workers, only 15% of them have to pay tax at the moment. The remaining 85% do not have to as their monthly incomes are below RM3,000 each.
He also said that among the 28 million population, only 6.4% are paying tax.
But this scenario is going to change drastically as a bottom-up after the passing of GST in Parliament.
Under the present SST or Sales and Services Tax regime, exporters are contributing RM1.4 billion, and professional services RM11.7 billion. Whereas with GST, more than 90% of the rakyat have to be the main contributors of the expected RM 13 billion GST collection. And this had been worked out to be an average of everyone having to pay RM550.
According to Dr. Zulkifli, the BN government has been on a deficit for a continuously 13 years, and they have been relying on government expenditures to inflate the National Growth Rates. But now they could not do that anymore, as our debt is about RM368 billion or 52% of the Gross Domestic Products.
He also said that Malaysia is no longer an attractive country for investment, so far as the ’soverign-rating’ goes.
The BN government used to depend 44% of its income from Petronas.
So, the whole population has become the target for GST, and all those do not have to pay tax before, have to pay now!