Reaping the heavy price of populist policies


THE Goods and Services Tax (GST) is once again the focus of comments by politicians and economists.

The effects of the move to scrap this much maligned and misunderstood tax, which in no small way led to the downfall of the Barisan Nasional government, and to replace it with the less pervasive Sales and Service Tax (SST) have now been quantified.

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