Sunday, March 21, 2010

Video: Tony on GST

Well if you are not yet sick of the Goods & Services Tax (GST) topic, below is the link to an exclusive video interview with which was done before the BN Government chickened out and withdrew the Bill from debate in Parliament.

I had predicted a U-turn by the current Najib administration, after earlier U-turns on the 5% real property gains tax as well as the tiered petrol subsidy programme, but only after the Bill has been approved. However, it appeared that this government clearly didn't think through their policy considerations in depth, and withdrew the Bill even before debate on the pretext that "further consultations are needed with the public". The question is, why didn't they consult first, then draft/present the bill, but instead, try to force the bill through, then say consult later?

For those who prefer to read about the interview, instead of watch it over Internet video, you will find 2 reports on Malaysiakini - "U-Turn on GST was waiting to happen" and "GST = Taxation without End"
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