Taxes ,taxes & taxes

Taxes,taxes and taxes There is a saying ＂we only stop paying taxes until our coffin is nailed＂。With the 2014 budget, we have a new GST (Goods & Services Tax ) and a higher RPGT ( property gains tax) and also a withdrawal of sugar subsidy. We are heading towards a higher inflation with the gradual withdrawal of Government subsidies. With the GST of 6% , this consumption tax will add taxes to all other goods and services except food stuff  This multi -layer taxes will make our lives difficult especially businessman.  A 6% taxes on the value added taxes at each level of transactions will have inflationary impact . Withdrawal of the sugar subsidy , the price of the food we eat will have an inflationary impact. So everything's prices will hike over time. When BIll Gates said that Life is difficult. He is damn right and it will get worst despite whatever the Government say or give subsidies they intend to give to the people to lessen the impact. What can we say, the Government is incurring huge deficits and the household debts are very high. Fitch and other rating agencies are watching our Government's direction on how they handle the fiscal measures.  Whatever is decided in the budget. We will need to face it and spend our hard earned money wisely. We are an intelligent animal and I believe will be able to.coup and decide well in our next election. Namaste.