Thursday, 20 November 2008

EPF 8% 的真相?

假设 薪水RM4000,

- 选择 EPF 11%也就是RM440,taxable income 是RM3560,
所以tax RM77
- 选择 EPF 8%也就是RM320, taxable income 是RM3680,
所以tax RM109

政府揾我们笨!

Conclusion : If you choose to contribute 8%,
you will end up paying more income tax to the government,
which will make the government richer.

Finance Minister said this measure is meant to boost up
the slow-down market, but from this example wee
see that the money does not go into the market.

Instead the money goes direct into the government's pocket
through the greater amount of income tax that we will have
to pay. Obviously this measure does not help the market
at all.

Do we still want this kind of government that doesn't have
the best interest of the people in mind?

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