Sunday, November 11, 2007

Fuel Subsiding Issue

Not really sure if the government proposed new different subsidise scheme for petrol will work.

First of all, how can the government classify or differentiate the rich and poor? Ar they classify by the car makes they driven? Do all drivers need to produce payslip at petrol station to clarify their income before refuelling? Or there will be a taxman at every petrol station to carryout each individual refuelling driver? All this is just nonsense, and will only make the already diseased corruption to be aggrevated to a new height level

If government really wanted to cut down the subsiding on petrol, then all nations shall bare the same burden, not for the riches to bare for the poors. This will be very unfair to the riches (by no mean to disrespect the poors) because they worked hard for their money earned.

For sure by early next year we, the vehicle owners will have to pay for a much higher fuel price due to the significant increase in crude oil price, and subsequently prices for a lot of things will increase too, no doubt about that and finally a higher inflation rate. So anyone know any good idea to counter this problem? Sure no pay/salary inflation from you boss of course!

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