Friday 24 February 2023

Anwar Ibrahim's 2023 budget : Rob Peter To Pay Paul

is a song from the Roots,. an American hip hop group who won the 2000 Grammy for Best Rap performance by a duo or group.

ONE look at Anwar Ibrahim's budget and all I can see is the stupid strategy of robbing Peter to Pay Paul, and the not feasible strategy of having only one third of your budget for development, while two third goes for salary, subsidy and debt repayment. It should be two third development instead.

My way, my way
Yo, I'm always early
I never take off 'cause I got a job
Rob Peter to pay Paul
Now I realize it's the winner that takes all.

THIS is what the newspapers won't tell you, but I will show you.  Who are the majority tax payers in this country, by race?  Google yourself and find out. 

THE Budget 2023, is funded 39.9 per cent from income tax , which should amount to RM154 billion but this amount will not be enough to pay for the  perks, pensions, bonus, and salary of the civil servants, which takes up more than 40 per cent of budget 2023.

HOW cruel is Anwar Ibrahim's budget ?  Let me put it this way, even the Felda settelers are being punished by this cruel Prime Minister for their support to Perikatan Nasional. READ : The government is putting a halt to an initiative started by former prime minister Muhyiddin Yassin’s administration in abolishing a portion of Felda settler’s loans amounting to RM8.3 billion.

SO if the poor are getting a raw deal, then who is getting a sweet deal? It is the elite rich, whom Anwar Ibrahim is protecting by demanding the M40 subsidise their usage of electrical vehicles.

TODATE,  some RM10 billion have out flowed from the country to purchase the equipments needed to setup the EV infrastructure with public money.  Tax losses from not taxing the EVs now stand about RM500 million.