tag:blogger.com,1999:blog-161172711288862494.post7911432692988506380..comments2023-12-02T02:39:46.236-08:00Comments on Rightways to Success: Malaysia's Tax Budget 2013: politically savvy for general election? Housebuyers may struggle to pay!Rightways to Successhttp://www.blogger.com/profile/06374316846465878011noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-161172711288862494.post-74419813430371249732012-09-30T00:07:13.938-07:002012-09-30T00:07:13.938-07:00Despite more than 55 years of independence from Br...Despite more than 55 years of independence from British colonial rule, Malaysia still remains in the middle income trap, as current tax base/system is too narrow since higher amount of taxes are being collected from less than 10% of the population who is burden of paying tax. The govt still dare not implements the GST (consumption-based goods and services taxes) in the Budget 2013, is a sign of immature, politically and economically.<br><br>May Malaysians look forward the next govt in power to broaden the tax systems, like introducing the GST which certainly will help its citizens to pay lower income taxes for more disposable income, reduce fiscal deficits and national debts?Rightwayshttp://www.blogger.com/profile/16150938067127325366noreply@blogger.com