' f4 X$ l: a7 v8 `0 A5 Mtvb now,tvbnow,bttvbOur Rakyat do not fully understand the implication of GST, until it is implemented and prices of goods spiralling upwards. By then it is too late. 2 x, u" B2 Y, S5.39.217.76& L0 z/ P6 Y# Z7 g4 O6 Y0 y
# W* T( J) a" c4 w8 j8 z 4 c! V1 `3 q* W7 j# G5.39.217.76: g2 |6 o; x* L$ n% ~5 D8 C A rich country like Singapore introduced GST at 3%. 5.39.217.76# M1 ~: V. f' r% A" @ tvb now,tvbnow,bttvb6 R( M. f: ^- z
5.39.217.767 R- V0 o# ~* _$ I. T0 J6 q A poor Malaysia wants to implement GST at 4%1 ]- f, q7 L2 E# W5 h9 r
公仔箱論壇2 d- P3 L1 w( l7 K3 i
! f( ~1 O/ [. \5 j eTVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。公仔箱論壇$ F8 P6 }2 `8 P1 ?- q
0 }6 w6 T! F( `- z& O+ r( Q GST is a multi-stage tax system. ( TRY TO UNDERSTAND THIS !!!!!)' [ d' b; n6 r' _
) A7 J& Z2 M$ Q+ _0 Ctvb now,tvbnow,bttvb: l4 [7 F- {6 D& i' F, u' v/ Y$ {( F& m Everything the sellers sold, from manufacturer, wholesaler to retailers, collect GST for the government. Unlike the the current sales and service tax (SST) is a single-stage tax. Only one party along the supply chain collect the SST for the government. If the manufacturer collects the tax, the rest are not allowed to collect. 2 n. I7 Z/ T1 |! y6 f' U ^' I5.39.217.762 u5 K+ N+ M' C
TVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。/ E& n' d* T( E. ^' H! B) z
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: a+ `0 U j; K, x* o: B公仔箱論壇Just imagine every seller add GST when they sell. ( READ N TRY TO UNDERSTAND THIS !!!!! ) - M3 U8 M4 \# d9 e) m5 I6 m! j J+ l8 K% @' F3 R8 n
# [* [6 Z3 @/ n4 w公仔箱論壇5.39.217.76$ q, X" S' ?: N" B
) t, l" w9 y. O' rTVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。For example: The current Sales Tax for Toilet soap is 10%. With GST, the manufacturer pays 4% to the govt when he sells it to the Wholesaler, the Wholesaler pays the govt another 4% when he sells to a Retailer; and when the Retailer sells it to the Consumer, he pays another 4% to the govt. The Consumer actually ends up paying more than 12% in cummulative GSTs for the same piece of soap or > 20% more in taxes. (10% vs 12%+++) tvb now,tvbnow,bttvb3 J8 h9 a/ ?$ e) O
8 }1 k( _; u* o& D# `tvb now,tvbnow,bttvb1) Manufacture to Wholesaler - RM 1.00 + 4% ( RM 0.04 ) = 1.045.39.217.768 L6 `, g) R+ `% X. b' d
TVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。" y$ A9 a# \2 u5 ^5 `4 _ 2) Wholesaler to Retailer - RM 1.04 + 4% ( RM 0.42) = 1.082 7 S7 ^3 F. F8 N: c5 yTVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。tvb now,tvbnow,bttvb# k8 X6 u) C1 ~6 c9 H1 K6 [ 3) Retailer to Consumer ( idiots like you and me ) 5 X7 d5 o: g- ^! n & \7 h N7 W* \5 w ]. I; ^1 }! r* F公仔箱論壇 - RM 1.082 + 4% ( RM0.043) = 1.125 9 ?7 E5 I' B! {, k' t, G6 ]. w- o, E. N' K5 j$ J YOU AND I HAVE TO PAY A TOTAL TAX OF 12.5% or RM 0.125 FOR EVERY RINGGIT OF THE MANUFACTURERS PRICE ON THIS THREE TIERS SYSTEMTVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。& @% L2 K. w9 k* O4 i " t, F3 o& ^7 \. L+ E5 V v
tvb now,tvbnow,bttvb, w6 G. H5 @' A6 l
( [; i% x6 s& \8 W% S- f 3 R! y# e4 h# {4 l( \; F9 Xtvb now,tvbnow,bttvb # [' ]# r9 e, ^公仔箱論壇 3 @ c# i s9 \tvb now,tvbnow,bttvbIf the supply chain is longer than 3 stages, the consumer ends up paying 4% more for each addition stage. Eg Manufacturer to Agent (4%) to Wholsaler (4%) to Retailer (4%) to Consumer (4%).. Total 16% ++++ (vs 10%) or 60% more in taxes!!!! TVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。0 Z* p, x. @" o8 B. g2 w
. {" f0 G! G, } gTVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。 % J/ I( j/ n& x" P8 E, d5 Vtvb now,tvbnow,bttvb( This final price that idiots like you and me have to pay istvb now,tvbnow,bttvb6 ~' U% z) {7 z$ {3 v& r
# P' _* b& s& O9 y2 R8 C RM 1.17 equivalent to 17% TAX or RM0.17 for every Ringgit of the manufacturers price) on this FOUR tiers system公仔箱論壇- E( z( Q: n: t+ X* }3 G+ D
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TVBNOW 含有熱門話題,最新最快電視,軟體,遊戲,電影,動漫及日常生活及興趣交流等資訊。, O2 F) t' z2 F$ @+ D' p* J' |
. f2 L: v# M8 `3 {* d5 Ntvb now,tvbnow,bttvb公仔箱論壇8 e4 w: @7 t% X ` X If the GST is not stopped, the Rakyat will ended up paying very very . h' E' g4 f4 r& [2 ^tvb now,tvbnow,bttvbvery high prices for everything. ( that is why it is call the GO, SQUEEZE THEM - GST )tvb now,tvbnow,bttvb3 X5 r2 ~$ @: X$ k; O1 D0 O6 ]
2 D/ r& J1 }% N" S" Z, N3 ~tvb now,tvbnow,bttvb % v5 @9 Z; X" I6 E3 m' Q. Y公仔箱論壇. M0 A x- e3 g; h3 s. J }* n Now do you agree when the rakyat say that Malaysia is going bankrupt ? 9 a/ T4 }+ l, B, A3 K' A8 Ctvb now,tvbnow,bttvb5.39.217.760 i4 r# L3 b0 @4 E/ L# v- F This is the main reason why the GST was introduced - to increase the government's income. 2 ^9 a' O5 y! ~; r7 t% Y/ O' t
' U! W. m! ?0 x+ {1 P The next logical question is - Where did all the tax money collected go ??????