aoch88;673421 said:I agree that we cannot use "nett exporter" as the reason anymore someday but before we reach to that point, let's ponder these few things:
1. As we are still a nett exporter, our country earned a lot of money from petroleum and I'm not sure if anyone would disagree but the natural resources from our country should somehow be channeled back to it's people and not to specific groups of individuals. The question is, what happened to it?
2. It is alright to float and sell at the global market rate but if we compare with other oil producing nations, their petrol are dirt cheap, their cars are also cheap. Why is it in Malaysia that we have expensive petrol, expensive cars, tolls all over the place, high road taxes. It would only be fair to stop subsidizing petrol but at the same time STOP putting a hefty tax on cars, reduce the road tax to a reasonable level or make better roads, remove the tolls.
3. People in Thailand might be paying a bit more for petrol but they have good roads, their cars are cheap, the road tax is also cheap and they have much much lesser toll booths. There must be a balance, everything cannot be expensive and even if it does, where did all the money go? I'm all for it if they government wants to abolish the subsidy and follow world oil prices but a F10 535 is approximately RM240K in the UK (inclusive of 20% VAT) but it's doubled here in Malaysia at RM450K-480K. Imagine the amount of petrol you can pump for RM200K.
aoch88;673421 said:I agree that we cannot use "nett exporter" as the reason anymore someday but before we reach to that point, let's ponder these few things:
1. As we are still a nett exporter, our country earned a lot of money from petroleum and I'm not sure if anyone would disagree but the natural resources from our country should somehow be channeled back to it's people and not to specific groups of individuals. The question is, what happened to it?
2. It is alright to float and sell at the global market rate but if we compare with other oil producing nations, their petrol are dirt cheap, their cars are also cheap. Why is it in Malaysia that we have expensive petrol, expensive cars, tolls all over the place, high road taxes. It would only be fair to stop subsidizing petrol but at the same time STOP putting a hefty tax on cars, reduce the road tax to a reasonable level or make better roads, remove the tolls.
3. People in Thailand might be paying a bit more for petrol but they have good roads, their cars are cheap, the road tax is also cheap and they have much much lesser toll booths. There must be a balance, everything cannot be expensive and even if it does, where did all the money go? I'm all for it if they government wants to abolish the subsidy and follow world oil prices but a F10 535 is approximately RM240K in the UK (inclusive of 20% VAT) but it's doubled here in Malaysia at RM450K-480K. Imagine the amount of petrol you can pump for RM200K.
EL118;673464 said:All these very true. i totally agree our Govt is not doing many right things, but after i compared our car price and petrol price and toll against those in Singapore, u will know there is always someone better off or worse off than us.
haywire;673471 said:Do you know Petronas channelled back about RM50 billion a year back to the government? Its as much as the country's income in a year. So they are giving it back to the people.
aoch88;673481 said:The government has enough money to fund for these the only reason why we are not getting it is because for an obvious reason - mismanagement of funds and corruption. If we look at the size of the Malaysian population, amount of natural resources we have, FDI for the last 2 decades, we should have been a lot more advanced today.
By not managing it the right way, middle income Malaysians are hugely impacted. In a healthy economy, there should be more people in the middle layer but because of what it is now, middle income groups are pushed lower. When the poor become poorer, some end up robbing and killing. These people have nothing to lose and they die for everything.
I'm just saying the fuel prices should be more fairly priced considering that we are a nett exporter or cars should not be taxed unreasonably. There's no country in the world that is like us, so many tolls, so much of taxes if the global crude oil price goes up, we end up earning more but instead, pump prices are raised. I don't only speak for myself but for most average Malaysians which feels the impact of these unreasonable policies. If I have the choice, I rather see majority of Malaysians driving BMW's than Proton's.
aoch88;673481 said:The government has enough money to fund for these the only reason why we are not getting it is because for an obvious reason - mismanagement of funds and corruption. If we look at the size of the Malaysian population, amount of natural resources we have, FDI for the last 2 decades, we should have been a lot more advanced today.
By not managing it the right way, middle income Malaysians are hugely impacted. In a healthy economy, there should be more people in the middle layer but because of what it is now, middle income groups are pushed lower. When the poor become poorer, some end up robbing and killing. These people have nothing to lose and they die for everything.
I'm just saying the fuel prices should be more fairly priced considering that we are a nett exporter or cars should not be taxed unreasonably. There's no country in the world that is like us, so many tolls, so much of taxes if the global crude oil price goes up, we end up earning more but instead, pump prices are raised. I don't only speak for myself but for most average Malaysians which feels the impact of these unreasonable policies. If I have the choice, I rather see majority of Malaysians driving BMW's than Proton's.
aoch88;673481 said:The government has enough money to fund for these the only reason why we are not getting it is because for an obvious reason - mismanagement of funds and corruption. If we look at the size of the Malaysian population, amount of natural resources we have, FDI for the last 2 decades, we should have been a lot more advanced today.
By not managing it the right way, middle income Malaysians are hugely impacted. In a healthy economy, there should be more people in the middle layer but because of what it is now, middle income groups are pushed lower. When the poor become poorer, some end up robbing and killing. These people have nothing to lose and they die for everything.
I'm just saying the fuel prices should be more fairly priced considering that we are a nett exporter or cars should not be taxed unreasonably. There's no country in the world that is like us, so many tolls, so much of taxes if the global crude oil price goes up, we end up earning more but instead, pump prices are raised. I don't only speak for myself but for most average Malaysians which feels the impact of these unreasonable policies. If I have the choice, I rather see majority of Malaysians driving BMW's than Proton's.
EL118;673874 said:When u know how they "spend" money, a spannar cost RM2 charged as RM200. a renovation at RM1,000 charged at RM30,000. gold mine also not enough, so GST will be coming next. be prepared!
initialM;673881 said:Sad to say I'm gonna sell my BMW and buy cuntchill. No choice but have to prepare to survive. Even the income tax is killing redy
aoch88;673908 said:How about no other taxes but only GST for cars? You know what? Most of the car parts are so bloody expensive in Malaysia because of our tax policy! In Singapore it's 7% GST flat and in Malaysia, it's 20% + 10%.