The subsidy is neither fair nor rational.
With the tabling of Budget 2024 fast approaching, one of the questions plaguing the government will no doubt be whether it should persist with the deeply entrenched fuel subsidy policy.
A common narrative posits that our B40 demographic stands as the primary beneficiary of these subsidies. But is this assertion rooted in reality? Take, for example, a typical motorcyclist commuting in my vicinity, and contrast it with my affluent neighbour whose garage boasts a fleet of cars – from a modest Porsche to a grand Bentley – and employs the motorcyclist as his driver.Meanwhile, the Bentley guzzles a princely RM250 worth of fuel navigating the traffic snarls on a round trip to Putrajaya.
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