Kota Kinabalu: Parti Warisan Vice President Datuk Junz Wong said the Government’s decision to increase the sales and services tax (SST) to 8 per cent and cut diesel subsidies under Budget 2024 will cause hardship to Sabahans.
He said the increase in SST from 6pc to 8pc, particularly for the logistics services, was a cause for concern as it would inevitably lead to price hikes across the board for goods and services in Sabah that was already grappling with a high cost of living.“Many Sabahans are struggling to make ends meet, with a significant portion living below or just at the poverty level.
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“The removal of this subsidy would lead to a significant increase in transportation costs, driving up the prices of goods,” he added.Wong said the Federal Government must thoroughly evaluate the consequences of these changes on the cost of living in East Malaysia. He also proposed a tiered approach to SST implementation, with lower rates for services below RM3 million and higher rates for larger businesses, which would help avoid widespread inflation.
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