
Today's newspaper heading...Business Plan To Help Lower Income To Cope. No doubt the intention is noble but I hope a proper plan for execution is in place. I am curious what will happen if the plan was go ahead. What will happen to the existing hawkers at night market, pasar tani and the likes? I'm sure they are currently at the lower income blacket but with more licenses given to government servants and other corporate company's lower income staff, this will create more competitions. Good competition is healthy but how much is good? While we may try to help the civil servants and permanent job group, what happen to the existing hawkers at street corners, pasar malam, near the office blocks? They have no permanent job and selling kuih or nasi lemak is their main source of income. They don't have a permanent work, when they close for a day, they lost a day's income. What is the government's plan to help the existing hawkers and petty traders?
Civil servants or lower-wages permanent job group still have to pay income tax. Will the net profit (minus the tax, rental etc) still sufficient to help them cope with the rising cost of living? It will be great if governement reduce income tax for workers. Currently, a rough salary of RM2600 and above is subject to income tax. It's much for goverment look into revise the income tax blacket and its percentages. That will increase our monthly net salary. In a year, it will help a long way.I'm sure most of us will be happy (if not all) because it's fair to all.
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