6 I+ ~% h6 g, K# _5 mGo, Squeeze Them (GST). tvb now,tvbnow,bttvb$ ^0 F7 |, l& ? h$ n& f
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: b4 h% Y* g: D+ ^ P公仔箱論壇5.39.217.76" B$ j7 Z1 L. ]2 R3 B- ?) D m# l' K Our 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. ( v/ ?4 A: Y |0 T; v% l! k8 K6 PTVBNOW 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。: m8 `3 p) ~6 U; M
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公仔箱論壇# a& a# D, k8 q/ ?" T5 t0 h$ S& l A rich country like Singapore introduced GST at 3%. . \% f* L7 w. q' KTVBNOW 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( ]& H* ]7 c* V% J
; v/ y$ w: ]# @# J$ A5.39.217.76A poor Malaysia wants to implement GST at 4%公仔箱論壇" w. `% Z7 a+ K: y( Y3 W. x- w( q
4 X$ Y I$ n" j' k y! m2 Q% ?( pTVBNOW 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。GST is a multi-stage tax system. ( TRY TO UNDERSTAND THIS !!!!!) : V( I% U7 N1 S$ I- O9 G& z8 S R2 d- t5 U
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( ^$ _; V8 S" u2 ]$ D, Z! L5 E 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. 6 Q/ v; t/ P- @* e7 U v9 [
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4 |9 ? h' k/ s Just imagine every seller add GST when they sell. ( READ N TRY TO UNDERSTAND THIS !!!!! ) * S& m. y" Y& ?4 g9 G" |9 v ; d; u# B. L; T; y. M8 ~$ w; VTVBNOW 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。 3 q" ^% f9 A! g7 H公仔箱論壇1 z, n5 b0 ^3 L, q1 A
# ~5 g7 D8 l" U2 l5 zFor 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%+++) " ]; t3 }. s7 Q/ ?: T& ^# b1 D
tvb now,tvbnow,bttvb* s6 V# o3 ?3 A0 S7 q1 a# T% ~, E4 S 1) Manufacture to Wholesaler - RM 1.00 + 4% ( RM 0.04 ) = 1.04 `1 M# _/ {) d* x. c0 q 0 V1 m9 w) Y9 F+ N# E# [ L# I公仔箱論壇2) Wholesaler to Retailer - RM 1.04 + 4% ( RM 0.42) = 1.082tvb now,tvbnow,bttvb8 x: f1 y9 l- q& |8 L q9 J
, v; k5 B5 a# e& D$ ?+ W3) Retailer to Consumer ( idiots like you and me ) ) R+ X5 F: S3 J) C公仔箱論壇 - Q& b9 t/ Q b k& [ - RM 1.082 + 4% ( RM0.043) = 1.125/ q* P) ?1 K/ l9 @% Q3 N" k6 T
2 ~9 B/ y( @ p, e! U0 ~' y. ltvb now,tvbnow,bttvb 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 SYSTEMtvb now,tvbnow,bttvb# j) X0 n0 R' a! n
- x$ K! r1 p) G" p4 Y公仔箱論壇, R) p) A' N! M& k+ L If 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!!!! 5.39.217.769 J8 X) G3 c* V/ `8 D
( x4 d! Q# Y- U$ Q 4 @: A5 U0 m+ G' Q# R$ ?" p' V( This final price that idiots like you and me have to pay is : e4 r3 U* e/ l1 n0 v1 D - |. B# [6 J" }+ o" O" j1 B3 f RM 1.17 equivalent to 17% TAX or RM0.17 for every Ringgit of the manufacturers price) on this FOUR tiers system $ q" j0 R- x& G) U 4 F: I* {$ o( ztvb now,tvbnow,bttvbTVBNOW 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。4 r ^; Q/ J% V. _2 V+ J$ A
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。! J# B* ]- E: A U
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。" O; [7 I) ^6 A, j# U& m4 _ If the GST is not stopped, the Rakyat will ended up paying very very5.39.217.76: }- I; }: P9 X3 r# [ very high prices for everything. ( that is why it is call the GO, SQUEEZE THEM - GST )tvb now,tvbnow,bttvb5 A# K# ]/ M! w# B) `
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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。* i8 A' ^0 ?$ ?7 N: ~
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; p, | b% C5 k( _$ a" R4 G0 q! kNow do you agree when the rakyat say that Malaysia is going bankrupt ? 5.39.217.76( w; ?; Y \( o# f8 j$ Y7 j
公仔箱論壇 o" B7 E; i* S5 B$ m* b This is the main reason why the GST was introduced - to increase the government's income. \2 C" ?- e" n" v
+ e( O& ?( L, X+ }, EThe next logical question is - Where did all the tax money collected go ??????
