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Friday, November 1, 2013

Pakatan would roll out GST, too

Published: Friday November 1, 2013 MYT 12:00:00 AM 
Updated: Friday November 1, 2013 MYT 10:59:06 AM

PAKATAN Rakyat will implement the Goods and Services Tax (GST) if it comes to power, says Datuk Seri Anwar Ibrahim.

However, he said the implementation would be subject to several conditions.

“I never said that I was against GST, but I still hold the belief that it is a more efficient and transparent tax regime,” the Opposition Leader told reporters at the Parliament lobby.

He was asked to comment on a news report that he had supported the GST when he was Finance Minister in 1993.

Anwar, who was also Deputy Prime Minister then, had agreed that the GST was an efficient and transparent taxation system.

“But for now, Pakatan will oppose the GST. Its implementation will only be viable when issues on corruption, financial leakages and income disparity are addressed first.

“The Government is saying that GST is an efficient tax system. But if you don’t increase the people’s income, it will become a burden for them,” he added.

During the Budget 2014 debate last week, Anwar had said that the Opposition would fight against the GST, claiming that it benefited the rich rather than the poor, and would cause inequality in the people’s income.

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