Goods and Services Tax is the tax started in
those countries of large geographical area experiencing difficulty
in administering reporting and certifications of income.
We do not need such a tax because of we have a smaller graphical
area where it is possible to implement reporting of business
incomes through annual auditing and submissions of business
incomes.
In addition, we are the only country in the world where people pay
heavy taxes on vehicle excise duty, petrol tax, road tax, COE and
ERP taxes using excuses of all sorts to squeeze more with lies like
we are incurring budget deficits when the government is hoarding
and hiding its billion surpluses.
On top of these indirect taxes we have the heaviest tax of all -
the housing tax which Mah Bow Tan introduced which is without
justification in view that lands were already paid by people under
taxes.
If Lim Kim San has been around he would find it extremely
unconscionable to tax so heaving through housing at the costs of
some $80 - 100 K per family with excuse of "No free Lunch" to do
so.
Yet with so many taxes as stated in the foregoing there is no need
or justification for GST. Yet GST is being introduced which is
actually a double-tax over and above personal income and
corporation taxes and all the indirect vehicle and housing
taxes.
No wonder people are hard hit and unable to feedback their families
because after paying his personal income and corporate taxes he is
still required to pay more taxes.