Say what.....GST?!

Hey folks,

Welcome back.

Yup, 28 days till the end of 2009.

2009 what a year...well will save my thots for that later.

GST:

The government is planning/proposing to implement the GST which was never been done before. Well, before implementation, just being an average Malaysian, it is best all studies and awareness of GST needs to be initiated before anything it is going to be tabled at the Parliament for the benefit of all Malaysians.

In all fairness, nowadays from major corporate companies to an average 'Joe', everyone is concern about cost and how much it may impact in the future.

Being a Malaysian, we know that the government will implement policies in order to benefit for the future well being of this country, but again it is important that all feedbacks and accounts of GST is taken into consideration first.

First of all, what is GST to begin with? Personally from my understanding it is a special kind of tax. It stands for 'general sales tax'. Yup, so what is that again...? In English... Officially it is,
'a tax on consumer spending collected in stages on business transactions and imports when goods change hands or services are performed.'

Oh well as far as I'm concerned it is a special tax. The government did mentioned in the media that with the GST, it will reduce the nation's deficit. No doubt, it is good to see that the government is planning to reduce the deficit (finally), but again they must go to the cities, country-side, urban areas, etc and informed the public what or how the GST is really is and the impact to all of us. Time is running short thanks to the information superhighway such as the internet, etc. so better act now then too late.

Not surpisingly, the Pakatan Rakyat is already forming a special team to counter this GST initiative by the government. For sure this will become one of the hottest issues that will be used by PR for the future elections to come.

We shall wait n see n think...

Cheerios!