Budget 2012 - Kee Chong Li Kwong Wing condemns a tax increase for extravagant spending

12 years, 6 months ago - November 01, 2011
While the finance minister, Xavier-Luc Duval said there is "a significant drop in state revenues for the year 2011" and 2012, will be difficult especially in the areas of export and tourism, Kee Chong Li Kwong Wing, MP and spokesperson of the Economic Committee of MMM shows him hostile to any increase in taxes, including value added tax (VAT).

"We see clearly that the government is out of breath and short of ideas. Following the downturn in the economy and growth that we see, the government still believes he can make money out of people's pockets to finance his extravagant spending, "fulminates Kee Chong Li Kwong Wing. 

This explains, according to the member purple, which is currently the rumour to the effect that there will be an increase in taxes, including VAT. He therefore simply a change of government. 

"If a government can not increase growth, increase investment, increase living standards in the country and protect the most vulnerable in society, we say it is high time to change this government, "says Kee Chong Li Kwong Wing. 

Xavier-Luc Duval particular said that the government must find a way to balance the 2012 budget without resorting to unpopular measures. Stay tuned this Friday, November 4, 2011, in the great oral Minister of Finance in the National Assembly.

 

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