Economics
Prime Minister Najeeb can impose additional 20% TAX to Malaysian Millionaires and Billionaires
There is about 20000 Malaysian who earn more than 3 million ringgit a year and nearly 80000 Malaysian who earn 1 million ringgit a year. If Prime Minister Najeeb really want to take care the needs of middle income and poor malaysian tax additional 20%
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mikhail mukhriz : An additional 20% tax to this group of millionaires beside yearly income tax wull yield nearly 30 billion ringgit to the government.
 
2 years ago
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mikhail mukhriz : Imagine an additional 30 billion ringgit to the government yearly will take care the sugar,cooking oil, petrol,education fees of the needy and the poor malaysian
 
2 years ago
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mikhail mukhriz : rather than using Petronas money all the time(despite PETRONAS 60 biilion profit) Prime Minister Najeeb should look to Malaysian millionaires deep pockets. But the way GST is coming soon. SO that is w (...)
 
2 years ago
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kenneth Awang : Thank you.First of all could you enlighten me on your sources and statistics with regards to the number of millionaires in Malaysia that enable you to generate 30 billion in revenues via the 20% addit (...)
 
2 years ago
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mikhail mukhriz : Credit suisse study and merryl lunch report hsbc and stndar chart asia report.most accurate from hsbc and standard chartered.
 
2 years ago
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kenneth Awang : Higher rates on the rich are not a free lunch.At low levels rate increases will lift revenue but not without a cost in efficiency and short term growth.If the budget is a government's primary concern (...)
 
2 years ago
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Prime Minister Najeeb can impose additional 20% TAX to Malaysian Millionaires and Billionaires
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