Continue subsidies, some report do not show true what people face on the ground. please come to the ground and interview people than you know why Malaysian really need subsidies. Report do not 100% correct.
I would add one point. the subsidies are so engrained where the public take it for granted as their right that it becomes a political issue whenever any rationalisation is proposed. anwar is taking some steps in the right direction but political considerations constantly cloud decisions. bear in mind he is leading a coalition formed from a marriage of convenience which could falter should public anger boils over.
Problem with Malaysia is that most citizen cannot see things in the long term. A large portion of the working class do not pay taxes due to low income but are so entitled that they demand more subsidies. And the middle and high income earners need to pay taxes to fund the subsidies for these entitled fools.
I am Malay, I go through the systems we are from poor family in Kampung Kelantan and now my siblings and I are all have high education and working in MnC earnings more then the medium income but looking back yess many locals do take it for granted, I believe even if the Govt reduce subsidies & increase tax properly and with strategic steps, people will able to adapt, people are resourceful, mostly are educated, suffers a bit for a better future, if the reductions will bring more economic opportunities and healthy market, a risk must be take, we can't satisfy everyone
Malaysia need to reforms to become least corrupt nation the subsidies are loss less where corruption high in the country no single project completed and country always still remain underdeveloped may Malaysian government focus on that problem... 🦾🇲🇾 great Malaysia
All Malaysia has to do for long-terms and optional direction for its growth is the look into investing in Vietnam, Laos and Cambodia and possibility in the near future Myanmar when things calmed down there. But the problems is that Thailand is blocking land access into these regions which makes Thailand the only gateway for Malaysian business and people to grasp the opportunity within ASEAN. At the end of the day, Malaysia has all the tools its needed to sustain its growth and bring about a new kind of development and income growth into Malaysia back.
what is tax purpose, return to citizens through health education housing food electricity petrol infrastructure safety etc, all these are subsidies, this is government responsibility, do not be government if incapable to provide these facilities.
this is too simple a concept to comprehend for many. the thinking is that government is only for security, corporations for economy and finances and tax payers sheep
But you do know our current tax rate is one of the lowest around the globe and insufficient to cover the subsidies which have been handed out for years?
So by giving out more subsidies the corruption magically disappears? Government deficit can reduce by doing do? I lost some brain cells just reading this idiotic comment.
In general,subsidies are bad. It's only warranted when there's short-term political objectives. Giving subsidies indefinitely will always bleed any government dry. This is true for oil,rice,energy or whatnot. The Philippines should take Malaysia as a cautionary tale.
Good explanatiom,With Subsidies is cut but goverment want implentation & Reformation of economy system to ease peoples burden & Eradicate poverty make madani empire great again
I think you are not taking into account that fact that there are millions of micro businesses like food stalls that bring in billions of RM to the economy. If we lose these, the government will have to subside the unemployed millions. so back to square one, with tragic consequences.
Malaysia need to start fixing their infrastructure like The Potholes in the Roads, and the occurrence of sinkholes, and also the drainage problem which can mitigate floodings.
Now that Malaysia Proton has a EV, how would the Govt provide subsides for Electricity used by EV? If electricity use by EV is not subsided, why would a Malaysia change his petrol car to EV when he can pump Cheap RON 95 Petrol while if he switch to a EV.. and charge it to full he dun get subsidies.
Do you think Malaysia should continue giving out subsidies, or reduce it?
Indeed give subsidies for poor especiaally b40 & m40
Targeted subsidies : lower & middle income status.
As shown in 5:04, the most pressing issue supposedly is to reduce Emoluments (25.2%) category.
@chanhou964 Malaysia need DODGE 😂
Continue subsidies, some report do not show true what people face on the ground. please come to the ground and interview people than you know why Malaysian really need subsidies. Report do not 100% correct.
I would add one point. the subsidies are so engrained where the public take it for granted as their right that it becomes a political issue whenever any rationalisation is proposed. anwar is taking some steps in the right direction but political considerations constantly cloud decisions. bear in mind he is leading a coalition formed from a marriage of convenience which could falter should public anger boils over.
Problem with Malaysia is that most citizen cannot see things in the long term. A large portion of the working class do not pay taxes due to low income but are so entitled that they demand more subsidies. And the middle and high income earners need to pay taxes to fund the subsidies for these entitled fools.
The long run objective should be to rid of these ‘crutches’. We cannot go on relying on these subsidies.
be brave and implement gst.
Good presentation.
I am Malay, I go through the systems we are from poor family in Kampung Kelantan and now my siblings and I are all have high education and working in MnC earnings more then the medium income but looking back yess many locals do take it for granted, I believe even if the Govt reduce subsidies & increase tax properly and with strategic steps, people will able to adapt, people are resourceful, mostly are educated, suffers a bit for a better future, if the reductions will bring more economic opportunities and healthy market, a risk must be take, we can't satisfy everyone
Malaysia need to reforms to become least corrupt nation the subsidies are loss less where corruption high in the country no single project completed and country always still remain underdeveloped may Malaysian government focus on that problem... 🦾🇲🇾 great Malaysia
All Malaysia has to do for long-terms and optional direction for its growth is the look into investing in Vietnam, Laos and Cambodia and possibility in the near future Myanmar when things calmed down there. But the problems is that Thailand is blocking land access into these regions which makes Thailand the only gateway for Malaysian business and people to grasp the opportunity within ASEAN. At the end of the day, Malaysia has all the tools its needed to sustain its growth and bring about a new kind of development and income growth into Malaysia back.
what is tax purpose, return to citizens through health education housing food electricity petrol infrastructure safety etc, all these are subsidies, this is government responsibility, do not be government if incapable to provide these facilities.
this is too simple a concept to comprehend for many. the thinking is that government is only for security, corporations for economy and finances and tax payers sheep
But you do know our current tax rate is one of the lowest around the globe and insufficient to cover the subsidies which have been handed out for years?
@@waihongkoh509 corporate tax should be on revenue, not profit, therefore all companies can not run from tax.
Another cheapo
Increase corporate tax? Then what? They fly away to neighbouring country? Is that a good solution?
Asia's people very hardworking
rather than leak to corruption, subsize to the people is much better.
So by giving out more subsidies the corruption magically disappears? Government deficit can reduce by doing do? I lost some brain cells just reading this idiotic comment.
1:30 wrong PM there
We have GLCs that are exactly supporting taxpayers with subsidies, but our subsidies are looted by present-day government
They have no choice ! 😂😂😂
In general,subsidies are bad. It's only warranted when there's short-term political objectives. Giving subsidies indefinitely will always bleed any government dry. This is true for oil,rice,energy or whatnot.
The Philippines should take Malaysia as a cautionary tale.
Good explanatiom,With Subsidies is cut but goverment want implentation & Reformation of economy system to ease peoples burden & Eradicate poverty make madani empire great again
No more subsidi. No more free money. Yes gst. Yes annual salary increase.
We got subsidies, but our people keep selling back to thai for money, palm oil and petrol, before this they used to sell diesel petrol
I think you are not taking into account that fact that there are millions of micro businesses like food stalls that bring in billions of RM to the economy. If we lose these, the government will have to subside the unemployed millions. so back to square one, with tragic consequences.
😂. Electricity expenses higher because of SMART METER !!!!! 😅.
Malaysia ada cara sendiri urus subsidi 🥱
Malaysia need to start fixing their infrastructure like The Potholes in the Roads, and the occurrence of sinkholes, and also the drainage problem which can mitigate floodings.
they are spending 12% in subsidies and only 9.5% in infrastructure,
charity to the guess-whos 🙄 ... sh-t by other name will stink as bad
Now that Malaysia Proton has a EV, how would the Govt provide subsides for Electricity used by EV?
If electricity use by EV is not subsided, why would a Malaysia change his petrol car to EV when he can pump Cheap RON 95 Petrol while if he switch to a EV.. and charge it to full he dun get subsidies.
Malaysia The Most Subsidized Country In The World 🎉🎉🎉
First
second please pin me