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3 comment(s). Last comment by EngineeringProfit 2 weeks ago
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
Of the people, by the people for the people - Now, the people want these top earners of the country to pay actual price for their lavish lifestyle!
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
Bagai kacang lupakan kulit - sidelining measure after measure right after general election. Think without T2-19, PH could be in gomen?????
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
And these people never pay actual cost for their lavish lifestyle - parliamentarians and top government officers, although arguably within the highest income brackets, enjoy extensive perks funded by public money. This includes allowances for transportation, healthcare, housing, and often, subsidies for their children's education and overseas travel. These benefits largely insulate them from the cost of subsidy cuts that the rest of the T15 group faces. Additionally, they benefit from exclusive healthcare options, often bypassing the costs and limitations of the public system altogether. Such disparities create an unfair system where the political elite and top civil servants are shielded from the financial strain of price increases, yet continue to enjoy luxurious perks.
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by EngineeringProfit > 2 weeks ago | Report Abuse
Cutting subsidies for the T15 (top 15% income group) in Malaysia will likely put an undue burden on the hardworking middle-class, who may be earning a bit more than the national median but still depend on subsidies for essentials. For many in this group, the rise in costs for fuel, electricity, or other necessities due to subsidy cuts will tighten household budgets and reduce disposable income, affecting their overall quality of life. While classified as part of the “T15,” they often do not enjoy the lifestyle that this label might suggest. In contrast, parliamentarians and top government officers, although arguably within the highest income brackets, enjoy extensive perks funded by public money. This includes allowances for transportation, healthcare, housing, and often, subsidies for their children's education and overseas travel. These benefits largely insulate them from the cost of subsidy cuts that the rest of the T15 group faces. Additionally, they benefit from exclusive healthcare options, often bypassing the costs and limitations of the public system altogether. Such disparities create an unfair system where the political elite and top civil servants are shielded from the financial strain of price increases, yet continue to enjoy luxurious perks. For example, these officials often have access to government-funded vehicles, which sidesteps the impact of fuel subsidy cuts. Moreover, their regular family vacations and other personal expenses may be indirectly supported by public funds, further cushioning them from the financial realities that average working Malaysians face. The situation highlights a double standard: the T15 middle class, often labeled as "well-off," must bear the full brunt of these subsidy removals, while top government officials, despite being among the most affluent, continue to maintain their lifestyle at the taxpayer’s expense. This inequality in how financial responsibilities are distributed is felt even more sharply when such cuts are introduced without significant reforms to high-ranking officials’ privileges, creating a sense of injustice and disconnect in policy impacts across Malaysian society.