- Repealing GST has harmed the country’s economy and risks passing debt to future generations
- Debate continues on GST, which was rolled back in 2018
- GST mechanism dismantled, SST amplified to recoup lost collections
- Economists suggest reintroducing GST at a lower rate to avoid burdening the poor
- GST taxes at each stage of production, preventing tax avoidance
- Operational issues with delayed tax claim reimbursements need to be addressed
- Current unity government compromised by past decisions on GST
- Prime Minister acknowledges benefits of GST but previously opposed its implementation
- When GST was in force, many goods were zero-rated to help the poor
Source: freemalaysiatoday.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
