Credit Card Tax

They did it, they did away with it. And now they want to do it again....... To me it's tantamount to Credit Card Tax.

RM50 to be imposed on credit card holders for each credit card that one holds. It was imposed this way when it all started years back. I got a few credit cards for convenience and emergency use. So now the stupid government wants to make some money out of us poor souls. They give "peanuts" in the recently announced Budget but want to squeeze the "balls" out of us.

Just imagine that one holds easily 4 cards at any one time. Yeah, that is because each bank will usually offer you two cards - one Visa and one Mastercard. Holding many cards from banks is not unusual because the banks very much would like you to. The banks make good profits from credit cards after all.

Giving the fact that everything in Malaysia is rather "not cheap", so we tend to even out our spending, some on cash and some on credit. We have one of the lowest per capita income, mind you! So we practically need some form of credit to survive.

Is that what you call 'Rakyat Didahulukan or Citizen First' in your very much publicized SLOGAN??? Bullshit.

DAMN.