Tony Pua spills the tea on Why GST Wont Work, Recovering 1MDB’s Money, Petrol Subsidy

Tony Pua spills the tea on Why GST Wont Work, Recovering 1MDB’s Money, Petrol Subsidy | Episode 3

Рет қаралды 100,446

6 ай бұрын

Dive into the complexities of Malaysia's economic landscape with Tony Pua in Episode 3 as he spills the tea on why GST won't work, shares insights on recovering funds from 1MDB, and discusses the intricacies of the petrol subsidy.
👌🏼Check out the full video here!
• Tony Pua spills the te...
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Пікірлер: 318

@lkkuang1048 6 ай бұрын

If GST don't work in Malaysia, I am just wonderings why GST is successfully implemented in so many countries in the world ?

@smileeveryday1964 6 ай бұрын

GST in other countries is different from GST in Malaysia implemented previously. Only stupid people will compare saying Singnapore GST very success but Malaysia fail. In Malaysia, GST is multi-level, One collect and claims from the others thus creating so many problem. If dont like the name SST so much, just change the name SST into GST. People these days just look at the name and make conclusion.

@catkucing3468 6 ай бұрын

On the dot my fren😂

@zenlei8258 6 ай бұрын

@@smileeveryday1964 You are 100% correct. SST = GST Just different to confuse people. At which level SST and GST are taxed will be same in some business and different in other business.

@yaya_5988 2 ай бұрын

every comment got your comment ooo, someone pays you to answer all the questions ka, 😂@@smileeveryday1964

@wooishen 2 ай бұрын

@@smileeveryday1964 Gst should apply it back in a correct way... Many countries are using GST... SST tax system very confusing ...

@wongtimothy4181 6 ай бұрын

Under the present system without GST, lots of companies and restaurants are not issuing invoices and bills to customers. GST prevents companies from evading taxation.

@onlyU914 5 ай бұрын

Can u enlighten me under gst system i must issue invoice or bill? Anyway to track that if i not doing so?

@my2cents505 6 ай бұрын

So neighbour Singapore must be doing the wrong thing but prospering by it? Its not abt taxes, taxes r just collection for the govt to use on the right thing. Question is whether the govt of the day use the taxes properly, correctly...uncorruptedly.

@smileeveryday1964 6 ай бұрын

@wjj7488 6 ай бұрын

@@smileeveryday1964 GST in many other countries and not just in Singapore. It is 🇲🇾 hopelessness like falling RM and PISA

@smileeveryday1964 6 ай бұрын

@@wjj7488 Did you even understand the system? GST is a name. The system is not the same in all the countries. 1) You said we should implement bsc other countries succeed then ok which country should we 'copy and paste' the system? 2) GST has failed previously bsc of poor refund system and the policy makers had already said this issue, will rakyat still want it when they know their refund will be held for a while beofre refunding? Those consultants panel sitting in MoF from reknowned university like Havard, Cambrdige will make the best decision for the country bsc they are the professional, people want to sembang kacang in kopitiam ok la. 3) RM has been falling for past decades, we now have a new gomen, we shall see how they perform with their economic reform, what to do, but some people like to post all the MYR depreciation, but they never post MYR appreciation many other countries like Japan,... We always have to be fair in our view, if one really doesnt like our country, they can leave but many hypocrits wont admit that Malaysia created a good business environment, many people didnt leave because they know their business wont survive in competitive country like Sg. So when one enjoy earning money here, then no point to complain here an there because we are an export orientated country, depreciation will help our export.

@onlyU914 5 ай бұрын

U made the right point of arguement. But u have to understand also GST is the most lazy way to collect taxes.

@rexconnect 6 ай бұрын

What I dread the most during the GST days were the end month reporting that needed to be compiled and submit to the Kastam. Why? As TP said, any mistake done will subject me to the law of fines and even prison. It's stupid as we are collecting money for the government and if for some reason, mistakes made unintentionally will risk my business into paying penalty for it, unless the business is making good money, it wont be a problem but for most businesses who were operating at marginal profits, the damage would be huge. GST is an efficient way to collect money for the government but process which we went thru is inefficient and back firing.

@westwoodly 6 ай бұрын

Delay in repayment of billions is great because can earn good bank interest. The longer the delay, the greater the reward, a bonus.

@keangwooichoo6138 6 ай бұрын

Also refund is slow. Pushing cost of business

@smileeveryday1964 6 ай бұрын

Spent thousands extra every month just to hire someone for book keeping and accounting. The only group of people will like GST are accountants. One accountant told me :"Money were easy to earn for us during gst era."

@keangwooichoo6138 6 ай бұрын

@smileeveryday1964 only rich country can afford gst

@keangwooichoo6138 6 ай бұрын

@@smileeveryday1964 manufacturers cry, no cash flow

@peacefulindian318 6 ай бұрын

Tony Pua: The Man who let the World know the 1mdb scandal.😊

@asean8081 6 ай бұрын

This is the Great Job of a competent Tony Pua and his team in the PH government. Malaysians owe a lot to Tony .

@premsivalingarajah1561 5 ай бұрын

😂😂😂😂😂

@jasonlai1892 6 ай бұрын

Being a Singaporean, lower income family, full time care giver, GST is very good as it helps the elderly, lower income. Of course the middle class and rich will hate GST. For me, i will be more than happy to see GST hit 15% after all the developed countries are much higher than 8% currently. With GST i have the option to buy what is needed, or even used hp. The govt needed the GST to transfer the wealth. At the same time to go populalist inorder to win since 2011 GE. Back then during that GE, Worker's Party votes are generally 40% + when they face off PAP candidates. While other oppositions gain 20 to 30%. Ever since that great distress, PAP been introducing more and more policies to help the lower income, thanks to covid 19, Russia Ukraine war, US Fed and the high inflation that comes about. Without these benefits, PAP likely to lost even more seats or even the governmentship. Being a voter i of course reciprocate by voting for PAP esp. the oppositions didnt mention their grand plan on how to help the poor except the release of cpf. Seriously cannot be like this right. Vote for you politicians to advance your agenda. Must win win right. PAP is li hai, they are good at keeping promise. I dont know if this work in Msia but you have formidable opponent as in PAS. There is no free lunch in this world, there is no free voting. You know the MP in Singapore earns sgd 16k per mth for 5 years. On top of his or her regular job. Why would i want to vote for a govt that only know how to tax me and keep the pior wages low.

@summerain11 6 ай бұрын

For a true democracy, vote them out even if they are performing well, so that they can thrive to be better

@shishio_kyoto8414 6 ай бұрын

If most malaysian thinking like u, we will be following singapore already. But lacks of great policy and contribution to government tax made Malaysia in income. This slows the projection of Malaysia growth

@zenlei8258 6 ай бұрын

US do not have GST. Just wonder why ?

@jasonlai1892 6 ай бұрын

@@summerain11 It depends on each voter. To me, PAP is good at keeping SGD strong. With WP in power, you never know what kind of policies they will run. Will the property value drop etc. The last thing i dread to see is sgd depreciate. As long it is in power and getting 55 to 58% is good for me. Dont shoot to 80% and start to say got majority people mandate and start to redice various subsidies. In short, i dont trust WP. It might be a hard taskmaster.

@jasonlai1892 6 ай бұрын

@@shishio_kyoto8414 Malaysia and Singapore is very much different. What works for Singapore may not work for Msia. For the GST collected, i am not sure if its enough to give to the lower income family for the Msia due to your sheer population.

@muuhfi9960 6 ай бұрын

Need more of this. Really fun to watch like KS.

@LOLnesssss 6 ай бұрын

GST works in all countries around the world, but wont work in Malaysia. Thats why Malaysia is Bolehland, or more correctly, Tak Bolehland. This is Tony Puas logic.

@Jason-sf8vx 6 ай бұрын

Accounting firm and accountant will be happy as they are the main beneficiary

@maylingfoo705 6 ай бұрын

1. Administration of Gst won’t costs as much if you digitalise your system . 2. You could set a benchmark to only require businesses to register for Gst if they exceed a certain threshold

@HulakariHulakari-ju9yb 6 ай бұрын

He did mention in Msia, revenues of >RM$500,000 pa must collect GST for govt. in Sgp it’s >S$1 mln. Whatever the revenues n qualifying amt, fact remains businesses incur additional manpower costs to admin the GST collection n payment. Is that why costs going up?

@chanchunkai9899 6 ай бұрын

Thank you

@seanchen9265 6 ай бұрын

I havent watch finish but Sarawak voters me do hope the petrols money from the east will back to east into our development as well

@kherkminchew5333 6 ай бұрын

Good programme

@AnnoyingApple86 6 ай бұрын

or we set the collecting GST limit to revenue min 1mil? 1.5mil?

@SocDemSockPuppet 6 ай бұрын

This long weekend is perfect for part 2. Come on release it

@jnonis83 6 ай бұрын

I find the two lights at the back quite distracting, and especially at close up shots. Does it plays any purpose?

@siaycclarence 6 ай бұрын

GST can be implemented for companies with annual revenue > 1 Million or > 2 Million. The government has to be efficient in verifying and refunding GST.

@SSTan-cz7eo 6 ай бұрын

Still doesn't make sense. 3% of 1M is Rm30,000 GST. I still need to spent rm3000 per month of my OWN money to collect Rm2500 per month for the government. Even if GST is 6% , why should I incur EXTRA cost , that is the point.Tony mentioned you need external auditor to check the GST with extra cost

@siaycclarence 6 ай бұрын

@@SSTan-cz7eoYes. Think most businesses with more than 1M revenue should already have a full time account clerk. So the cost should not be that much higher. The requirement for the GST registration can also be set higher at 2M or more.

@cyberblader100 6 ай бұрын

@@siaycclarenceNot tru, a lot of companies with revenue above 1M do not have full time clerk. You'll be quite suprised.

@AHMADKIOSK 6 ай бұрын

Malaysians will never admit this, especially PH voters but the biggest mistake we made was toppling a steady hegemonic government that was in power for 60 years. The economy has not recovered. PH and Malaysia Madani have no idea how to run a country. Good opposition but bad as a government. Tony Pua and gang are a big reason for this.

@ngleong5563 5 ай бұрын

Both govt also screwed up the nation Dumno is for sure the main culprit for 60 years, Pakatan head also does not have the courage to do the right thing for the nation.The direction of the nation is not set right yet.

@Karazure 6 ай бұрын

Hi Tony, thank you for explaining why GST doesn't work in Malaysia at that moment. But I would like to know how GST could work instead. Can you elaborate further? What should the right setting be?

@timjones1184 6 ай бұрын

agree, i would also like to know on this

@muhammadsyukri5006 6 ай бұрын

Increase the tax. Just see the other countries taxes are much more than our country. In contrast, government spent should be increase as well

@louong93 6 ай бұрын

I hope Malaysia can take away gst, sst and all the form of collecting bills from the rakyat. No electricity bill, no income tax, no water bill , and no indah water etc.

@Neogeezz 6 ай бұрын

@@louong93 Hahahaha

@louong93 6 ай бұрын

@@Neogeezz 👍

@changjohn3006 6 ай бұрын

Why not say something about not competing in GE 15?

@encikawang1570 6 ай бұрын

But it's okay to implement so many taxes on the rakyat but not okay for only one GST 6%., and the other taxes is more than 6%!

@smileeveryday1964 6 ай бұрын

Other taxes aiming the rich. Cukai Mewah etc. SST still 6% for F&B. Study more before you talk. Government trying their best to avoid extra burden b40 , rich people kena tax , no problem okay.

@encikawang1570 6 ай бұрын

@@smileeveryday1964 Yes, definitely Malaysia want this. Setelah GST 6% dimansuh pada 1 Jun 2018: 1. Cukai jualan 10% dan cukai servis 6% bermula pada 1 Sept 2018 2. Cukai servis digital 6% bermula pada 1 Jan 2020 3. Cukai jualan digital 10% bagi barangan bernilai rendah bermula pada 1 Jan 2024 4. Cukai servis dinaikkan dari 6% ke 8% pada 1 Mac 2024 5. Cukai tambahan bagi barangan bernilai tinggi (cukai mewah) 5% hingga 10% bermula pada 1 April 2024. Korang yang tak mahu GST 6% tapi mahu pelbagai kenaikan cukai serta cukai baharu pula.

@smileeveryday1964 6 ай бұрын

@@encikawang1570 Apa yg lau sebut , saya x kena sb saya org miskin. Itulah tujuan mansuh gst, untuk bela nasib org b40. Kita x guna benda2 mahal, x kena cukai mewah. Org kaya belanja banyak, bayarlah, apa masalahnya? Kau ingat semua ni akan masuh ke bila gst dikemukakan semula? Chehhh.

@iwenng2916 6 ай бұрын

omg TP is so accurate. we suffered from expenses to prepare GST rather than pay the amount collected. if we do mistake, penalty impose is even worst.

@wjj7488 6 ай бұрын

Other countries have been GST for years . It is 🇲🇾 incompetence

@simonchua6251 6 ай бұрын

GST is the fairest and most transparent tax system. You pay a percentage of tax for whatever you have spent on as simple as that. You cannot find ways to evade like personal or corporate tax. If you want to pay less tax then spend less on things

@akchannel4198 6 ай бұрын

problem is, too much sentimen politic with GST especially under NAJIB’s regime, because they dont have any solid data to justify this, once into government, ooo baru tau GST good for them & rakyat kalau govern dgn baik…udah2 menjerat rakyat dgn permainan politik ni

@faizulanuar2474 6 ай бұрын

I heard the breakeven level for GST is around 2% only. I dunno, just got the information during sembang kopi with work friends. Maybe TP is correct. But there are all kinds of rumors flying around at ground level. Obviously, most are baseless, but this is where communication is important. The government doesn't need to present all the details. Just need to tell rakyat the actual truth,

@renj123 6 ай бұрын

actually I'm still scratching my head as to what the difference between GST and SST was. Also, I fully agree the decision to suddenly do away with GST was very very bad. It was a populist move, timing wasn't well thought through, and this caused problems which meant that SST had to be very hurriedly rolled out, which also meant whoever was in charge of doing so had no choice but to cut corners on the implementation, making it shoddy and confusing.

@Neogeezz 6 ай бұрын

Hmmm SG has gst and it works what. So why wouldn't work for MYS?

@FAISALWONG01 6 ай бұрын

Two brilliant & bold personalities..sad they are out of parliament

@premsivalingarajah1561 5 ай бұрын

Really😂😂😂😂

@jut8146 6 ай бұрын

Very interesting. About RM50b was collected through via 6% GST. According to TP, the Government breakeven for managing GST is 5% or a whopping RM42b! Average salary at about RM50k pa or say RM100k fully loaded (benefits, office space, technology etc). 420,000 people would be needed to administer GST for the Government. GST/VAT is implemented in 160 countries covering all but 10% of the global population.

@SolerFF 6 ай бұрын

This may also need to deduct whatever that SST collected. These numbers are likely inflated

@kaartheikgeiyan6004 6 ай бұрын

He made a mistake there.

@loyc8099 6 ай бұрын

Do u think what he say is true? I think most of it is same bs he used when he was in power.

@tianzheng4064 6 ай бұрын

Then how do every other countries implement their gst system?

@natep6729 6 ай бұрын

Like he said, anything below 5% is a loss to the government. If you look at other countries, it's minimum 8%. Singapore GST rate is 7-9%. Thailand is 7%. India GST is 5-18% and 28% in different sectors. Can Malaysians handle high taxes? Think.

@fazrul78 6 ай бұрын

@@natep67296% naiib time is reasonable.. return to SST is big mistake.. If we go to Gst again we paid 3 price increase because of his action.. 😂

@luqmanhaqim7248 6 ай бұрын

Simple. Tony pua is stupid. Easy said. He knows nothing. The hassle for busineds to collect and document gst is an excuse. The cash machine or computer system can auto calculate the gst, you really need staff and pay rm2500 a month. Seriously. Hire external auditor while now computerized system can do everything? You believe this chinese idiot. Shame on youlah tony pua. All your debate and lies just to win election and when in power you cant fullfill any promise and do anything.

@cherrysimon 6 ай бұрын

Correct. Maybe when Malaysians income level is more even and equitable, GST can be implemented.@@natep6729

@fazrul78 4 ай бұрын

@@natep6729event 6% gst they play sentiment to that is to high, aniaya rakyat..if gst is good for country they must force government to increases GST not fooled rakyat hapuskan gst harga barang' turun..

@thurston905 6 ай бұрын

GST if properly implemented is the fairest broadest tax system...the problem then, was because of 1MDB was draining the government finances, the LHDN was not giving rightful refunds to eligible businesses. Surely if Singapore and all the OECD and many other countries including China can have it, why not Malaysia. Tony is WRONG here.

@cherrysimon 6 ай бұрын

Tony did not say that GST was wrong to implement. Only that it is not the right time for Malaysia. Maybe in the future when the country is more developed, just like the OECD countries.

@stewart-oj6qw 6 ай бұрын

Thailand also have GST 7%. Wouldn’t be Malaysia more develop compare to Thailand?

@rickywong2030 6 ай бұрын

Totally agreed.Just to please the population they revert back to sst.

@lowkatherine 6 ай бұрын

Our long winded hierarchy kills policies

@zenlei8258 6 ай бұрын

True. There are some SME that have local sales and also export , unable to get back their refund of RM20,000 to 50,000 until today, if not mistaken. Main problems is the civil servants in LHDN play dirty games to cheat the PH government and cause many misunderstanding.

@rajasingammuthusamy959 6 ай бұрын

When talking about GST. The structure for implementing the GST at all levels and how the GST charges snowball making the product very expensive for the layman.

@zarith87 6 ай бұрын

No it is not, thats a myth...

@rajasingammuthusamy959 6 ай бұрын

@@zarith87 proved me wrong, every point of exchange/delivery has GST charges. who foots the bill?

@smileeveryday1964 6 ай бұрын

@@zarith87Spent thousands extra every month just to hire someone for book keeping and accounting. The only group of people will like GST are accountants. One accountant told me :"Money were easy to earn for us during gst era." That's why price of goods increased because we still need to earn to cover back those hiring fees. It happened and it is going to happen again haha!

@amirshazwan3667 6 ай бұрын

Would have to watch to understand the full context of this but from this short my take is: BRIM works in a way that people gets to choose what and where they want the money to be spent on. Regardless whether it is groceries, fuel, education etc. Plus, it indirectly contributes to the local economy especially for the luar bandar folks, as people have extra income to spend on. It is a targeted subsidy. Blanket fuel subsidies benefits those people own cars with big engine and those who travels a lot. Who benefited more from blanket fuel subsidies? Folks who own axias and sagas or those who have bmws and merc?

@Xanthosis012 6 ай бұрын

You forget that Blanket fuel Subsidies decrease or maintained the cost of things being transported. Everything being transported depends on the fuel for its price. Even groceries and labour. So it doesn't just benefit people with cars, it also control the cost of living which affect both people with cars and people with no cars.

@ngoloterry276 6 ай бұрын

@@Xanthosis012 dont they have further subsidies for that segment of business (transport), diesel i think.

@secrets.295 6 ай бұрын

Wrong. BR1M doesn't help anybody in the long term. In fact short term printing money only increase prices and push up inflation. Subsidizing fuel helps businesses reduce costs. It push down prices and at a time when inflation is high. Also when business cost are reduced, companies have more money to reinvest and hire more people. We should restrict BR1M and subsidize fuel even more than before. It's common sense actually, you print money for consumption it leads to high inflation. You print money for productivity growth, you create less inflation. It's funny hearing these politicians speaking. They speak as if they are so intelligent when the truth is they are clueless. They can't see beyond short term planning.

@secrets.295 6 ай бұрын

@@ngoloterry276 No they don't. Not that I am aware of. And furthermore BR1M is far more damaging than fuel subsidy. Fuel subsidy can lead to productivity growth but BR1M will only lead to higher inflation. It's common sense, printing money for consumption without any productivity growth will lead to high inflation. But all of our politicians lack common sense.

@adamiskandar5107 6 ай бұрын

@@secrets.295 The idea of targeted subsidies and 'BRIM', is basically to help the poorer segment of society economically. This is consistent with fairness by giving equal opportunity to those who need it in competition with those better endowed. If you are 'well off', pls consider sharing so that society become more harmonious and peaceful so that we can all go about our daily lives with normality. Extremely Capitalism like in the US and UK is causing greater inequality and serious conflicts within society. Don't just follow Western 'systems' blindly.

@editionlvl 6 ай бұрын

but why Singapore can implement GST, even the kedai runcit and hawker charge gst....why is that so then, if you say small business cant do it...yes its tough initially, its expensive but there has to be a start...its just that the government need to be efficient

@lowkatherine 6 ай бұрын

Singapore, famous for follow the law... Top down... Malaysia? Postpone what you cannot do...

@jenchino1924 6 ай бұрын

The entire government's civil service is corrupt to its core and just totally inept. How you expect the government to effectively and efficiently implement GST? Pretty much what happens in a country that do not practice meritocracy, putting the inepts on a higher position. Obviously, those who are capable will either just stay in line to not stand out to keep their jobs or migrate to other countries. 🙄

@smileeveryday1964 6 ай бұрын

@imanabdullah3263 6 ай бұрын

Good thing he's not in charge of DAP anymore...

@raziffariff8778 6 ай бұрын

Yang menunjukkan bahawa memang benar harga barang selepas SST adalah lebih MURAHHHHHHHHHHHHHHHH. Keep on #PHaChewCheng @Tony Pua

@TNFco 6 ай бұрын

Same as KELUAR SEKEJAP - KS Program?

@janleeintube 6 ай бұрын

The GST was the "phase" where many youths closed down businesses in S2, a new township that is supposed to bring more people to noring Seremban.

@evelynnmei 6 ай бұрын

I hope Dr Ong and Mr Pua, you can do a collaboration video with Keluar Sekejap to reach wider audience.

@MohamedElias-de3gp 6 ай бұрын

Mati apa ada beni jual name

@keangwooichoo6138 6 ай бұрын

Yes there is cost

@louisliaw8386 6 ай бұрын

but if businesses have to hire people to run the GST thereby incurring cost, doesnt that generate income for the people (who are hired) and the economy?

@Lu-Beng-Ngap 6 ай бұрын

Obviously u r not a business owner

@louisliaw8386 6 ай бұрын

@@Lu-Beng-Ngap im talking about money back in circulation in the economy, the point of taxes in the first place. but anyway was a tongue in cheek comment

@natep6729 6 ай бұрын

Not really, businesses will be hiring accountants from large accounting firms, who are already very well paid. SMEs can't afford to hire teams of accountants just to do taxes. It will affect their profits thus affecting the wages of the workers in that SME. I'm talking about your kedai runcit, kedai kek type of SMEs. Big businesses of course can afford that.

@cherrysimon 6 ай бұрын

So the business owner then loses money and in the long run, the business closes down because he cannot pay his staff. Everyone loses in the end....

@theallseeingeye9388 6 ай бұрын

@@louisliaw8386ur refering to book keeping services. A job that was once very common but has been largely become redundant by machines and computers. Most small businesses in Malaysia cannot afford to hire a dedicated book keeper nor adopt an organised systemic approach to keep records.

@nineaqua 6 ай бұрын

Good explanation

@MrBoliao98 6 ай бұрын

Tony Pua and Ong Kian Ming. Its a shame malaysia doesnt use you. Singapore try to snatch you, and had you stayed on after RI, you might be ministers in singapore, not being attacked in Malaysia for saving the country.

@ocswoodlands 6 ай бұрын

Yup. Remembered that Tony Pua was in the badminton U17 team too. He stayed back while many of us quit cos we lost hope in MY..

@fazrul78 6 ай бұрын

Don't create fake narrative la he make us pay 2 time because his action, he is lie champion..when opposition 20bill for abolish toll, when become gov increase 400billion.. With Reason he do know toll contract..pink diamond all lie.. Fake.. just play naratif.. Character assassination..do you think all Singaporean idiot than him?.. 😂

@DeonSenpai 6 ай бұрын

better go to sg, his policy not suited here, i think he got vendetta against the bumiputeras,

@luqmanhaqim7248 6 ай бұрын

Saving shit. Stop believing this idiotlah....

@MrBoliao98 5 ай бұрын

@@DeonSenpai he's there rescuing you from debt and a depreciating ringgit, you there attacking the fellow like this, this is what I am talking about. The fellow is making sure Malaysia don't collapse like Sri Lanka and counting all the interest payments.

@andyaptc2907 6 ай бұрын

My company still owed rebate of GST.......

@gmanchannel7 6 ай бұрын

Just imagine open a nasilemak store ,then need to buy a pos machine, prep a SDN bhd and hire accountant team, before you make a single sen, the expense is close to 5 figures Red tape kill business. There won't be any more new kajang satay , or nasi kandar kayu if this is the practice. Coz everyone need to be rich to start, and no one is rich except for cronies

@lowkatherine 6 ай бұрын

Illiteracy is a problem

@chengahlak5104 6 ай бұрын

What happen to those custom officers once gst abolish? Continue to hire them and pay them to do nothing?

@Armz69 6 ай бұрын

Do you know that even before gst a lot of civies are hired but the job they do largely are seasonal?

@Vin84_ 6 ай бұрын

Where is Peter????

@hakims777 6 ай бұрын

Ty for making sgd stronger by getting rid of gst 😊

@smileeveryday1964 6 ай бұрын

What kind of nonsense is this. Did you even watch the video to make this comment. If u are Singaporean, don't come here and kacau, it shows how pity you are.

@wjj7488 6 ай бұрын

🇸🇬 $ is steady . It is 🇲🇾RM : 10 years RM / (Not the latest XE) US$ -30.4% Swiss Franc. -32.6% HK$ -30.3% Taiwan New Dollar -26. 6% S$ -26.6% Thai Baht. -24.8% Vietnam Dong -20.4% China RMB -18.2% Euro. -12.9% Indonesia Rupiah -10.2% British Pound -10%

@Jack-wm5ih 6 ай бұрын

Audio too much reverb nevertheless good content 👍🏻

@choysum 6 ай бұрын

So how does other first world country make things better with gst.

@MohamedElias-de3gp 6 ай бұрын

Tolong saya2 makn tak ada

@MJ4T 6 ай бұрын

1 Malaysia Tau GST Bagus Untuk Negara, Mcm Mana Dia Boleh CAKAP Menghapuskan GST Adalah Keputusan Yang Betul?

@theallseeingeye9388 6 ай бұрын

Aiyah Tony you are no longer in politics so why not just be honest and say it as it is. The decision to abolish GST was based on what was the most convenient and logical thing to do from a political perspective when PH came to power. 1. GST was implemented and impossed by BN led by Najib. PH campaigned heavily on abolishing GST. So obviously need to consider the above. 2. The implementation was screwed up with massive issues on both the tax payer and tax collectors end. 3. This was due not due to GST being a complex system but piss poor ability of the Malaysian public service when it comes to planning and implementing and executing public policies. They will pick a proposal that comes with a ministers recommendation and expect reality to bend backwards to fit the plan instead of devising a plan that takes into account implementation and enforcement abilities. So GST roll out saw many small businesses just close shop than go stand inline at the LHDN counters to speak to an officer who is so clueless and out of touch with reality. 4. Than there was the massive swell of anger among the private business owners who by than had not seen a refund in 6 months and had begun to refuse collecting or paying GST. The 19 billion story. 5. Finally there was the Zimbabwean levels of epic financial scandals and outright looting of public funds PH inherited from 40 years of Mahathirism. Literally every facet of governance was operating a get rich scheme. PH didnt have immediate sollutions to fix a badly planned implementation nor was there a capacity to resolve the refund processes that was abandoned by Najibs administration and had practically grinded to a standstill for 6 over months by than. So the most logical thing to do as a politician is not what is best for the nation but whats politically expedient at that moment. Abolish GST

@onlyU914 5 ай бұрын

Gst is the main key point why government had changed. Imaging they didnt fulfil it, i dont think can hold more than 6 months. See those ppl criticising for those small2 issue, u know u cant ignore to abolish GST

@piravakransomasundram8686 6 ай бұрын

interesting inside, but wonder why globally everyone is favouring GST?

@smileeveryday1964 6 ай бұрын

@MohamedElias-de3gp 6 ай бұрын

Duit boleh 8 pintu sana ?

@ahmadfikriismail1849 6 ай бұрын

first thing aand most important not about this only but to all is keep the promise we decide.. no matter what.. if sommething abnormal haooen aand it faith so we have other plan but betrayed is not on this planning and must be. punishment to be. other lesson.. regarding issue, if the aggrement say governement need to pay back, why that money not get baack to businesses player.. and what we majority need is the tax will go back to them need charity and from the tax good colection(GST) or is supposed more good than this should use to ensure governement good practice to sustain the business that good. practice before aand expand to gain the world eyes about the bussiness

@ekbljb 6 ай бұрын

I can understand why other political parties always complain dap trying to "control" or trying to have alot of say.

@mewt100 6 ай бұрын

Politicians, ha ! listen to them? Your choice.

@MohamedElias-de3gp 6 ай бұрын

Nama tak ada lagi duit ada

@soohuatchoo7746 6 ай бұрын

Did you know the manufacturers increased the price of their merchandises when they didn't get back the refund. That caused inflation to spiral up.

@siewkee6093 6 ай бұрын

✌️✌️

@Highlander226 6 ай бұрын

Reasonably smart people but not in government.

@seethasaundaraju 6 ай бұрын

😮

@johnnylee6803 6 ай бұрын

Gasak sampai tumbang sudah terbukti klu terus di operasikan

@janleeintube 6 ай бұрын

It is a cruel crime to hv used the GST refunds for giveaways or any political funding. The worst impacts are wholesalers of sorts. They were expecting the refunds as cashflow & the stress caused heart attacks to quite many.

@TheSaleem57 6 ай бұрын

It works..in hundred of countries worldwide..except Bolehland, Malaysia...Waa, so special one...?

@blose4793 6 ай бұрын

😮 RM20 billion GST not refunded..but these inefficiencies is simply Msia.

@iliasjoysilias3239 5 ай бұрын

Jib is good gst

@user-qs9tp8sq3i 6 ай бұрын

I think I went bankrupt because of Gst.

@vincentho3964 6 ай бұрын

Thank you, Tony Pua for your very clear and down-to-earth explanation ❤

@zarith87 6 ай бұрын

yes.. he only explains and tells you the disadvantage of GST.. The advantage of GST far outweighs the disadvantage.. theres a reason why the whole world adopts GST...

@smileeveryday1964 6 ай бұрын

@@zarith87 GST in other countries is different from GST in Malaysia implemented previously. Only stupid people will compare saying Singnapore GST very success but Malaysia fail. In Malaysia, GST is multi-level, One collect and claims from the others thus creating so many problem. If dont like the name SST so much, just change the name SST into GST. People these days just look at the name and make conclusion.

@johnnyleong4508 6 ай бұрын

Dear yb continue fight n talk for late Teoh, pastor koh murder n last 1mdb how much money r bringing back .... Justice.

@AHMADKIOSK 6 ай бұрын

Lol even Teoh Beng Hock DAP has washed their hands what's more for Pastor Koh

@kazarrazak322 6 ай бұрын

Because Malaysia is the only country in the world where gst is bad. Why kill the whole thing when the admin issue is the problem? Fix the admin issue lah. It is like saying abolish whole of DAP when the problem is just Lim Guan Eng. Lol.

@Antraz8814 6 ай бұрын

I call bull on the GST reasoning, yes it cost more money but u also create an entirely new economic ecosystem which will further diversify our job market. Plus this reasoning is completely contradicting the tax to GDP ratio which clearly shows Malaysian companies are earning much more than they are paying their workers, so won't implementing GST help spur the overall economy further?

@joelloong385 6 ай бұрын

Tony Pua really don't know what is he talking about. Simply said the cost is more expensive and never explain why other countries find it more efficient and can collect tax more thorough and fair. There are many First and Third World countries using the system successfully. I agreed that getting rid of Tony Pua is the right thing to do. Have you wonder why there are so many small business owner and hawkers can buy big cars and big houses. They do pay tax but only small part of the amount.

@Karazure 6 ай бұрын

Did you even listen to the podcast? It was explain in details why it doesn't work at the current setting.

@joelloong385 6 ай бұрын

How detail was that in the whole podcast? No data justification, no in-depth research, no comparison and contrast. At least explain to us why our current setting is different compare to Thailand, Sri Lanka, India, Mexico, Laos, Vietnam, Indonesia, etc. Not to mention China. Singapore, Taiwan, etc. Although I support DAP, but sometime when they are wrong, we need to point out. I feel so sorry that they need to twist and turn using current setting, new setting and whatever setting to justify that GST need to be abolished. Let's keep it simple, before the next election, change the setting and make it workable or otherwise you will loose a lot of votes. All these SST increase 6% to 8%, low value good tax 10%, etc will only burden those working class and middle class who really pay tax and later Mr. Madani subsidised those super rich for EV and solar panels.

@Karazure 6 ай бұрын

@@joelloong385 I too agree abolishing GST was a wrong move but its a calculated move that got us our first change of government and GST did play a big part. I am no fan of Tony and he should proposed solution to make GST work to prove he knows better than the rest of us. A search on google say the the average rate is 16.9%, the lowest rate is 5%. Are you ready to pay 17% of GST?

@joelloong385 6 ай бұрын

@@Karazure Even Singapore only 8% to 9%. I do not know where you get your data. FYI, our SST already 8% except food and etc and even our Low Value Good is taxing at 10%. We should look at the efficiency of the tax system that prevent tax evasion instead of comparing this figure and that figure. Once the tax base is widened, it is not necessary that we end up with higher figure. It is also a known fact that GST can collect twice the amount of SST. But is it true that we need to spent extra billions and billions ringgit for Kastam to collect GST?

@smileeveryday1964 6 ай бұрын

You also dont know what you are talking about. GST in other countries is different from GST in Malaysia implemented previously. Only stupid people will compare saying Singnapore GST very success but Malaysia fail. In Malaysia, GST is multi-level, One collect and claims from the others thus creating so many problem. If dont like the name SST so much, just change the name SST into GST. People these days just look at the name and make conclusion.

@user-tl1vx8yg8l 6 ай бұрын

Former means abandoned and incompetent

@ownthegame3 6 ай бұрын

u need to create the systems and infrastructures to collect these taxes; they do not drop from the sky. is there a good time to introduce gst? when the economy is good? when the govt's rating is at a high? nah

@theallseeingeye9388 6 ай бұрын

Politicians wouldnt impose a tax when the economy is on the uptick because it will damage their chances of securing another term in the coming elections.

@ownthegame3 6 ай бұрын

@@theallseeingeye9388 the timing must be right too; the best is the early or mid-term. can they afford to wait? they need money to improve the company too.

@westwoodly 6 ай бұрын

Malaysia has such promising and talented people like the two gentlemen who are of great value to the government and country. Sadly, they are not valued as much and deployed to maximise their talent and capability in government. Perhaps they can find their own success or niche in the private sector like CEO GRAB Anthony Tan or CEO AIRASIA Tony Fernandez. They can be more happy and wealthy in the process, though a loss to the government and the people. The country can be great if it practises meritocracy and equality.

@zarith87 6 ай бұрын

Talented yes.. they made their argument i accept that.. i believe more in those who had won nobel prize winners in economics.. there's a reason why the whole world adopts GST/VAT... the advantages GST far outweighs the argument they represent..

@cwcw682 6 ай бұрын

They are talking politics not real benefits to the country… just so you are wondering

@WayneNgHealthWealthBeauty 6 ай бұрын

Blockchain might enable GST to be implemented with less issues 😅😅

@SharonSooKaixuan-jw4vd 6 ай бұрын

Pui DAP. Tony Pui.

@thiruselvanramasamy1696 6 ай бұрын

Talk about the myr restricted currency what it means n the role of Spore govt in sucking the blood out of the myr Not con job talk do justice for the myr

@ongth601 6 ай бұрын

His logic doesn't make sense, breakeven at 5%? Should be using technology to increase the efficiency of collecting tax.

@thurston905 6 ай бұрын

Singapore successfully started GST at 3%.

@derchiongster8068 6 ай бұрын

It's not just technology. The AUDIT process of reviewing the returns needs to be optimised as well

@azriym5563 6 ай бұрын

As if this Pony Tua is a tax expert. GST has been certified by financial experts worldwide

@julianng1362 5 ай бұрын

It's kinda like saying traffic jam la,,, can't buy musang king... Musang king too expensive... So let's get rid of musang king... Stupid reasonings coming from smart people It's not regressive if you write checks back to the poor

@ajanmahazan7029 6 ай бұрын

Why need refund?no need to collect is far away better!😅

@Mens-Edition 6 ай бұрын

Without GST, cartel and middle men will increase prices slowly each month. But most people fail maths and lazy to calculate. They rather cartel slow slow tipu (SST) them. We all experience that after GST abolished, prices increase here and there.

@theallseeingeye9388 6 ай бұрын

GST is a repeated tax at each transaction point that needs to be refunded at the end of it.

@Mens-Edition 6 ай бұрын

@@theallseeingeye9388 Yes that prevented those cartels and middle men profiteering by increasing prices each month. With SST , Slow Slow Tipu, we all pay more just like today. Thanks to SST, the rich got richer. PLus next year tax 10% online overseas purchase. All these are BS.

@kahhowong3417 6 ай бұрын

For GST. to work, the devil is in the detail.

@SharonSooKaixuan-jw4vd 6 ай бұрын

Hahah Deceive Action Party

@broerymarantika853 6 ай бұрын

The Fact is 140+ countries have already used GST as a consumption based taxation system, many over 6%. Only 1 country reversed its decision backwards, ie Malaysia. GST began by the French government, after their successful Revolution to democratise poltics and also taxation based on consumption. There are baseline food consumption that are exempted from this tax so that the B40 are not further improverised. The more you spend, the more you pay taxes, Fair enough? Pandai ke Bodoh?😅😂 Now Gomen dah takde duit. Former IGP had said Malaysia's underground/ Grey economies are worth Billions ! Who owned these companies? Mainly non malays. So they dont want a transparent taxation system, where the Government can track their income inputs and outputs and chains of related businesses. So they lobbied via DAP, 1+1 = 3, all of them wins, except Rakyat and funds for the poor Rakyat. Even the stupid TunM was swayed by them.

@Atzuin1 6 ай бұрын

Reopen #Zahid #LCS case everything will be fine after that 😅

@nikfeizalhaidi4214 6 ай бұрын

I dont understand how expenses increased due to GST reporting/collection. I have a online accounting system. It automatically calculates GST and prepares the nec filling. I don't have to hire anyone to do it. The acciuting system is only RM50 per month subscription.

@yeinemesis 6 ай бұрын

Face the fact. GST works. Just ensure it is done correctly. Malaysia came tumbling when PH took over. 22 months was wasted by them on pin-pointing mistakes of previous government rather than driving the Country forward. They are good at being an Opposition as a Check and Balance Party, but not good at Governing. 'Formulas' also didn't work. Most people can 'talk' but not all people knows how to 'walk the talk'. Wasted my vote.

@AHMADKIOSK 6 ай бұрын

Yes wasted my vote with Anwar also second time around

@MohamedElias-de3gp 6 ай бұрын

You tube satu Dunia hahaha

@AHMADKIOSK 6 ай бұрын

Tony Pua and this other guy are praising targeted subsidies. Are they not aware that targeted will eventually become so stringent that no one will benefit. Its another way for non transparency. Just like the targeted e wallet where so many people rejected without explanation. Anything that says targeted you know eventually you will be left out of the target group.

@niteutube 6 ай бұрын

funny he complains gst you have to do so much checking, but sst doesn't have to? it's simpler? simple so better? after creating sst, so many more tax types are added, all these no checking required? This Joker Pua.

@chiajoemsn 6 ай бұрын

Are you a businessman or a salaried worker ?. Seems like you are a wage earner. You don't understand the problem the small businesses suffer under GST.

@zaf2643 6 ай бұрын

@@chiajoemsnbusinessman idiots like you don’t like paying taxes . No wonder you don’t like gst

@luqmanhaqim7248 6 ай бұрын

@@chiajoemsnnever mind. Just care about your business dont need to care about country debt or financial problems now reaching rm1.5trillion. Sales rm500k per year a little bit hassle on tax become such a big problem. Money not enough is it. Ok next time dont complain previous or current government cannnot manage economy. The problem is because the rakyat themselves dont want to help recover country's burden. It is ours or rakyat's fault.

@chiajoemsn 6 ай бұрын

@@luqmanhaqim7248 get back the money from the 1MDB thieves.

@chiajoemsn 6 ай бұрын

@@luqmanhaqim7248 your answer shows that you don't understand the problem regarding the implementation of the system in our coutnry. Read some of the other comments below to understand better.

@princepsionic 6 ай бұрын

Nothing wrong learning Jawi, but its utterly useless in terms of Country financial situation, please learn from Singapore instead, see how developed & how rich they are now, so many of our people become slaves there 😅😢

@harizanabaziz1142 6 ай бұрын

he himself is rich....hahaha cleaning the 1MDB MESS... What about the terowong scandal.... nobody dares to speak up

@Anyung-di9xb 6 ай бұрын

Don't touched tokong project😊

@d7adict 6 ай бұрын

Facts: 1MDB scandal is proven and Najib is jailed. Terowong case is ongoing and not proven yet.

@smileeveryday1964 6 ай бұрын

Terowong scandal is in court. Talk about facts please.

@lillianphua7629 6 ай бұрын

5% breakeven? Seem inefficient 😅

@screamao8841 6 ай бұрын

pfftt

@ashmaxwell1 6 ай бұрын

Last time PH championed to get rid of GST,now gomen wants to implement GST back.So,now going back to their own words? Haiyaaa..ckp tak serupa bikin.🤣🤣🤣