Bursa Malaysia (KLSE) Daily Info Edge Zone

Malaysia Is Facing Serious Financial Problem

Durian Edge
Publish date: Sat, 16 Oct 2010, 03:05 PM
Durian Edge
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Base on the budget 2010 and 2011, Malaysia government is making more and more tax on us. 6% tax on Astor really made government a good income, we know Astor already monopoly the pay TV service and they did not deliver good service and quality show like others country enjoy they pay TV, now government use this as a tool to get more income from us.

Others country like Hong Kong, Taiwan and Singapore enjoy TV service like Astor quality for free but for us we need to pay and now need to add in tax. We work "makan gaji" already need to pay income tax, buy car and house pay tax, credit card pay RM50 tax, eat at McD need tax 6% now sit at home enjoy TV program with family member also need tax.

The government is too weak in they administration to get more income from investment or others project, it is a very old software (53 old ) that need to re-format with new upgraded program.

This is my view on budget 2011
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