Why do a complete nations' contributors have to fork out for people in Kuala Lumpur only? Why do retirement account of a Negeri Sembilan, Sarawak as well as Kelantan contributor have to do with a housing anguish of a chairman in Kuala Lumpur?
By Lee Wee Tak
As an EPF contributor as well as taxation payer, we am many nonplussed as well as disturbed by this latest pre- ubiquitous election grant of a statutorylife savings.
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EPF loan guaranteed: FT Foundation
Last updated on 31 January 2012 - 12:18pm
Pauline Wong
newsdesk@thesundaily.com
KUALA LUMPUR (Jan 31, 2012):The RM1.5 billion loan from a Employees Provident Fund (EPF) to be used for a special funding scheme for open housingis in safe hands, a Federal Territories Foundation said yesterday.
Foundation executive executive Datuk Mohd Idris Mohd Isa said a income will be guaranteed by a substructure for amends inside of twenty-five years.
The income is to be channelled for an "easy financing scheme" for a sale of houses in National Economic Action Council's People Housing Programme (PPR) as well as KL City Hall (DBKL) open housing.
Raja Nong Chik had yesterday told theSun which a funds will be! since t o a substructure to helpsome 20,000 authorised tenants as well as interested buyersliving in a urban PPR as well as KL City Hall open housing units.
A typical section in a open housing programme in Kuala Lumpur costsbelow RM35,000.
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Take a demeanour during a numbers below. It seems which a abovementioned grant is meant for some-more than 20,000 households.If typically a open house usually cost RM35,000 afterwards a account can support for some-more than double a 20,000 series of householdannounced by a minister
The apportion should explain himself since a numbers do not demeanour right. Unless, of course another apportion got misquoted nonetheless again.
Numbers aside,why do a complete nations' contributors have to fork out for people in Kuala Lumpur only?Whydo retirement account of a Negeri Sembilan, Sarawak as well as Kelantan contributor have to do with a housing anguish of a chairman in Kuala Lumpur?
We havealready paid income taxes, use taxation stampduties, assessments as well as custom duties.When companies compensate taxes, they collect from taxation payers around their offered cost so how come we taxation as well as EPF contributors have to compensate again?
Public Housing programmes should be financed from various taxes collected.It has been like this for so long,why a sudden need to get extra income from EPF?
More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Public Housing programmes should be financed from various taxes collected.It has been like this for so long,why a sudden need to get extra income from EPF?
Port Klang Free Trade Zone scandal was reported to cost taxation payers RM12.5billionand thatfoul up could compensate for some-more than 8 rounds of this clearly arrogant project.
If a Barisan Nasional administration department exercise commonsense as well as fortify with a money, a on top of mentioned output would be nicely taken care of by taxes collected.
Read More @ Source More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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