This is it. Malaysians who are in the high income bracket will no longer enjoy subsidised fuel next year. Firstly my personal point, i do not know how to react to this matter; to feel happy or further feeling aggravate to this idea. It was announced by the Gov, only Malaysians earning below RM10,000 monthly will get fuel subsidies from next year, while those earning below RM5,000 monthly will get FULL subsidies.
For the middle class, some will still enjoy the subsidised rate,” the minister said, adding that it did not make sense for those driving luxury cars to enjoy 75 litres of subsidised petrol for each refill, versus 7.5 litres for the low-income group. He meant to draw comparison between the tank size of a big SUV/luxury sedan with a motorcycle, but did not elaborate what constitutes high-income, low-income or middle class – Paultan.org [Read more…]