There’s nothing for you and me…

… unless you lost your job. If you did, you save at most RM1,080 in tax ringgits. If you didn’t work at least a year in the job before you got canned, you save nothing. My guess is, those people who lost their factory jobs aren’t even in a taxable bracket, so, the tax exemption means shit.

… unless you buy a house between yesterday and the next couple of years. If you do, you save at most RM2,700 in tax ringgits. That is, if your interest on your mortgage added up to RM10,000 per year.

… unless you plan to switch your older than 10 year old car for either a Proton or a Perodua. If you do, you get RM5,000 discount of your Proton or Perodua. My guess is, you’d have gotten RM5,000 worth of discounts anyway because the market in that department is soft as the bumpers they latch onto those tin cans.

… unless you’re gonna go back to school and take up an MBA or a PhD. Even then, you’d have to pass the “meritocracy” test to get the grants. I personally think they should conduct a “meritocracy” test on the universities they want us to get those paper qualifications from…. its probably waaaaay lower in the international rankings than pond scum.

… but if you can get your hands on those syariah-compliant Savings Bonds, lock in your deposits for 3 years and get a higher return than what those stingy banks are willing to pay for interest.

… unless you’re a Bangladeshi worker who’s just bought a plane ticket to Malaysia to finally exercise your work visa. If you are, you’re screwed.

So, how does the above stimulate the Malaysian individuals to spend and revive the economy? I think you already know the answer to that.