taxes rolling in

 

Taxes rolling in*

Nobody can argue

The nation needs it

Think of Pee Anne wealth losses

Live to understand

Hard it can be

Learn that nation needs to survive

Taxes one of the ways

Our debts rising high

Thanks to the opposition ruled

Until they were disposed

Renaissance man inherited the bad economy

The country's wealth hardly can survive

Taxes increase a bullet we have to bite

We have to be stripped naked

Until we realize our nation cry

From that moment on

We will not forget our loss

We can't be going like Greece or Sri Lanka

We have to build up our dignity and progress

Taxes rolling in

We aren't living in a free country

Though we expect Anwar to play fair

In running his first term management

January 2024:*
- new Low-Value Goods Tax (LVGT) 10%
- new Capital Gains Tax (CGT) 10%
- 5% increase in electricity bills for M40

February 2024:
- average 15% and above increase in water tariffs (this article)

March 2024:
- Service tax increased from 6% to 8%
- Service tax expanded to cover more sectors including traditional medicine
- Digital Service Tax (DST) increased from 6% to 8%

May 2024:
- High-Value Goods Tax (HVGT or luxury tax) 10%

First half of 2024:
- Bulk subsidies for RON95 and diesel withdrawn