Today the government has become a giant money-sucking and
business-grappling machine that any monies that are earned will be
sucked into the government coffer in direct and indirect taxes of
one kind or another.
Even as a wage earner he cannot survive and as such cannot spend to
sustain the business vibrancy. If he is in business, he is already
three-quarter way to failure with very little chance to breakeven
nowaday until he is a rare breed of entrepreneurs.
So there is no way our economy is going to grow from here.
Government must return all the upfront easy double and triple taxes
to let monies flow back to the people so that these monies will
wheel the private sector businesses into life and grow the economy
again.