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Vote BN in, then you get GST!

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7% GST does not mean you only pay 7% for a service or product. 7% is taxed on every step of the supply chain, let me give an example, chicken egg.

Poultry farm -> Wholesaler -> Hypermarket -> Retailer -> Egg used in the Mamak stall

The GST collected from the egg in roti canai eaten by you at a mamak stall is 31.08%.

The price hike for chicken egg compared to current sale tax imposed on poultry farm is 21.08% [31.08%-10%].

BN government is very smart, they give poor rakyat RM500 BR1M in right hand, and they collect from every rakyat RM1,000 in left hand.

The net losses for poor family is RM1000 multiply number of family members minus RM500.

For a normal 5-member family, total GST tax collected from the family is RM4,500.

GST implementation to add RM27bn to national revenue

KUALA LUMPUR, May 17 (Bernama) — Malaysia will be able to rake in an additional income of up to RM27 billion if the proposed goods and services tax (GST) is implemented at seven per cent, similar to neighbouring Singapore.

Minister in the Prime Minister’s Department, Datuk Seri […]