Removal of subsidies and increasing taxes are abosolutely necessary to fund the mega projects which are essential for the million...

Removal of subsidies and increasing taxes are abosolutely necessary to fund the mega projects which are essential for the million...

...aire UMNOputras to become billionaires and for those UMNOputras who have still not become multi-millionaires to rob the further nation before they are kicked out in GE13.

By Just Gan

Well, look at the latest Maha mega project waiting to be launched, the Rgt 43 Billion MRT. Imagine how many billionaires and multi-millionaires it can create?

Subsidy means that a government uses taxes and other revenues it has collected to partially pay for an essential item so that all citizens, in general, can afford to buy that essential item. Merely reducing the tax or duty on an item does not constitute reduction of subsidy for that item. Najib needs to therefore clarify whether he is merely reducing tax or duty on those 5 items or whether he will be drawing money from the nation's coffers to partially pay for those items.

Either way, he has to explain the real costs of the items and not merely parrot that the prices for those items are lower, even after the "removal" of "subsidy", compared to prices in Singapore, etc. Why does he and the idiots in his cabinet always choose Singapore, a first world high-income country where the average wage is many times that of Malaysia, to show why "we have it so good in Malaysia" when it comes to prices? Why don't they compare petrol prices to prices in Brunei, another oil producing nation like Malaysia?

Even with the so called subsidy, prices are not low in Malaysia as any Malaysian, except stupid UMNOputras, will readily vouch.

The Rakyat are complaining about high inflation and the difficulty they are facing in making ends meet, even with the so-called subsidy from the government. The fundamental reasons why prices are comparatively high in Malaysia are: excessive profiteering, inefficiency and wastage in supply chain and retailing and distribution systems, low productivity, taxes and duties, and above all the rampant corruption at all levels and segments and their impact on costs, efficiency and productivity of business.

Reduce, if not able to eradicate, the corruption and there will be no need to "cut" subsidies.

Control the excessive profiteering through an open market, and there will not be any need to "cut" subsidies.

Improve the supply chain, retailing and other systems through elimination or reduction of bottlenecks caused by government authorities, and there will be no need to "cut" subsidies.

Reduce taxes and duties and there will be no need to "cut" subsidies.

Improve productivity through proper training and employment of rightly skilled and qualified people, and there will not be any need to "cut" subsidies.

Get rid of cronies so that free market forces can determine prices, and there will not be any need to "cut" subsidies.

Implement NEP on the basis of economic need and not race, and the current mark-ups for government tenders and discounts for housing, etc. will no longer be needed and there will be no need to "cut" subsidies.

In fact, if all these measures are taken, the collective impact will be so great that even with any so-called "cut" in subsidies, prices will go down.

The fact is that Najib, UMNO and its impotent BN partners know that they will be kicked out in GE 13. They want to steal as much money as possible through as many (irrelevant) mega projects as possible, and leave a nation in dire need to the incoming Pakatan Rakyat government.

While there are so many ways to cut wastage, reduce costs and generate revenue, Najib and his UMNO/BN government have chosen to remove subsidies. Removal of subsidies is one of the many strategies being implemented by the UMNO/BN government to bankrupt this nation.

courtesy of malaysia-today.net