France Telecom workers and Foxconn workers suicides because of capitalism

France Telecom workers and Foxconn workers suicides, not the personal problem, but the capitalism!

We should change the world system.

60% Malaysian households' income less than RM3, 000

According to the Department of Statistics Malaysia, more than half of the Malaysian households earn a monthly income of less than RM3,000.

Table of income tabulation:

Income range	Percentage (%)
below RM1,000	8.6%
RM1,000 to RM2,000	29.4%
RM2,001 to RM3,000	19.8%
RM3,001 to RM4,000	12.9%
RM4,001 to RM5,000	8.6%
RM5,001 to RM10,000	15.8%
above RM10,000	4.9%

We can do a conclusion that Malaysia has more than 70% households live in poor especially price hike for all the goods now.

GST expends to our whole life...

Goods and services tax (GST) is applying to our life. In many countries, however, where collection of personal income taxes and corporate profit taxes has been historically weak, so they apply Value added tax (VAT), or goods and services tax (GST) collection has been more successful than other types of taxes. It is levied on the added value that results from each exchange. It differs from a sales tax because a sales tax is levied on the total value of the exchange.

In the end, the poor pay more, in comparison, than the rich. The rich and corporation will more benefit in VAT or GST system. Because they can avoid to pay the income tax after VAT or GST is applied. Unfortunately, the poor who has low income is going to pay the goods and services with higher price after VAT or GST applied.

* A Malaysia minister said, below RM2,000 salary is considered as poor.



http://www.gstmalaysia.com

GST is mostly known as VAT (Value Added Tax) in countries that apply the system. Countries that use the term GST include Australia, New Zealand, Singapore, Canada and now, Malaysia.

VAT/GST was introduced in France in 1954 by Maurice Lauré, to replace a system which relied a highly distortionary turnover tax on sales to supplement a rather ineffectual income tax system.

Today 138 countries utilise Value Added Taxes (VAT) whilst a number of countries - notably the US, operate sales taxes, usually single-stage taxes at retail. In almost all countries these taxes are either the largest or second largest source of tax revenues.