Goods and Services Tax (GST) Implementation

today i woke up at 1.10pm.
well, i just have a horror dream again whereby i was eaten by "zombie" inside that dream and just feel quite "funny" when i woke up.
then i just have "Wan Tan Mee" noodles as my "breakfast" although it was quite late.
after that, i continue to surf some information as usual.
around 3pm i went to have my "lunch" as mother just cooked some braised chicken rice.
during the evening, i received a phone call regarding the printing related stuff and quickly edit and resubmit again as the closing working hour at 6.30pm.
somehow i continue to read some news and information after having my dinner at 8pm.
moreover, i do feel quite bored when i finally finish watch the Fairy Tail anime.

besides, there was a news that caught my attention about the GST implementation to add up to RM27b to Malaysia’s income from New Straits Times (NST) and the content was shown below.
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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 Idris Jala said the new taxation mechanism can guarantee additional revenue of RM20 billion to RM27 billion, at maturity.
"At maturity, is when, every Malaysians starts to contribute towards the GST. It must be implemented as soon as Malaysians are ready to accept the mechanism," he added.
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frankly speaking, i just feel that this might be one of the way that government earn back their expenses after spending so much $$ in BR1M, Facebook/Google/Youtube ads for 13th general election campaign.

on the other hand, i also saw some feedback from the Lowyat forum where i found quite interesting to share as shown below.
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1) Kampung (rural area) people where got care one, when price going up they just blame the shop cheat them.

2) If the GST is implemented well, Kampung people will not be affect much cause they don't spend as much as urban people. If food price is not affected, they still can cook themselves although they cant afford to buy cool gadget/IT stuff frequently. Below average don't pay income tax, so this group will have the most impact and the poverty in the city will increase.

3) I wonder how people in Europe get to eat. I mean, "kesian" (pity) those people in Malaysia where they have to think long and hard to spend extra 2 ringgit, not sarcastic. A friend was buying fish and this guy came up and asked for some fish heads. After weighing them, it's 2 ringgit heavier than he expected which is about one fish head. He stood there thinking for very long and hard, contemplating if he should pay extra two bucks for the heads. In the end, he decided that he cannot afford RM2 and removed one fish head.

4) Want to compare GST to Singapore and tax as much as them?
They earn $2k can buy iPhone no problem, we earn RM2k buy iPhone and that month no need eat. When add in the GST, the poor will get even poorer. Below average and average will suffer more to the already low/stagnant salary in the city. Now they maybe can still survive with occasional cool gadget to reward themselves.

5) Fair to them? Rich guys will say yes cause want together tax equally and the rich then can enjoy personal tax reduction due to GST. So in the end who suffer? The poor is the one who suffer. Rich maybe adjust a bit still can live a good life. Unless, the review come with adjustment to cheap food price, to ease the people burden, then GST would be fair. But when all the hawkers, mamak, warung, food stall all following about the same price, it is very difficult to control the food price. So the ministry will say cook yourself.
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anyways,  GST is a consumption tax based on the value-added concept as it is imposed on goods and services at every production and distribution stage in the supply chain including importation of goods and services which i think not very good.
however, i feel that it might be true that when everything is expensive and lower purchasing power, people who don't have jobs or ppor will look for alternative to get what they want.

therefore it might cause an increase in crime rate when the demand of basic needs is not fulfilled.
furthermore, it was true that those rich would not affect much when GST implemented as i saw one of the picture about the salary of GLSC paid their directors in 2012 as picture below.
in fact, what i am trying to say here was rich people will getting richer while poor people will continue in their poor life unless somethings has change.
around 10.30pm was the Chan Fong (大城心事) sharing program and below was the podcast recording.
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1) Part 1 >>> Here.
2) Part 2 >>> Here.
(will be updated tomorrow)
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unfortunately i need to sleep early for tonight as i need to fetch my parents to the Airport early in the morning.
before i end my post, i would like to share an interesting picture about "7 signs you are a fast learner" as picture below.
perhaps the reason i "failed" was because thinking too much instead of doing something useful.
at last, i would keep tell myself to stay positive!
=D