New taxes or broadened GST will be announced if BN wins the next general election, predicted de facto Pakatan Harapan leader Anwar Ibrahim today.
In a statement, Anwar said in the Budget 2018 unveiled last Friday, Prime Minister Najib Abdul Razak had claimed with a bombast that he had unveiled the "mother of all budgets".
"Many promises were made in a transparent attempt to hoodwink the people into supporting the BN in the coming general election.
"But there is a gaping hole in the middle of this pre-election budget; it fails to show how the government plans to balance expenditure and revenue.
"How will this government deliver upon its many budget promises, when it has not shown how it will increase revenue? This is not revealed anywhere in the budget," said the former finance minister.
There is only one obvious explanation - new taxes or increased and broadened GST, he added.
"The rakyat will have to dig deep into their pockets to enable the BN to deliver their budget promises."
In revealing the RM280.25 billion budget last week, Najib said that RM234 billion (83 percent) will be allocated for operating expenditure, while RM46 billion will go towards development.
Among the "goodies" announced in the budget are a special one-off assistance of RM1,500 for civil servants, reduction in individual income tax rates, as well as the abolishment of four toll plazas. - Mkini
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.