I have been always an advocate of reducing subsidies especially Petrol. Too much wasted resources and cheap fuel cost has caused inaccurate market pricing on services and products.
However, in the same category of fuel cost. Taxes on vehicle should be drastically reduced. As it cost unproductive loan in the system.
We should have a normal petrol price which is pay per you use. But low taxes on vehicle that encourage vibrant auto market.
I suggest not to link this issue to benefit to the poor. As it is a completely wrong idea. The pricing chain will increase after fuel price increased. A few more hundred RM given a year does not help much at all.
On balancing our budget. Isn’t it always a top priority to plan what you can spend rather than revise plans?
J&J Investment Co. 
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