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4 comment(s). Last comment by stockraider 2024-02-01 12:49
Posted by speakup > 2024-01-26 07:38 | Report Abuse
answer is simple: govt taking the simple easy way out
they know they can't tax the poor, cos they got no money. and will vote opposition if they are squeezed
they know they can't tax the rich, cos they are the rich themselves. they can't tax themselves
so what is left? the middle lor!
Posted by stockraider > 2024-02-01 12:48 | Report Abuse
Middle income make up the bulk of the msia population, thus to raise revenue the middle income need to bear some of the cost of removing subsidy loh!
Posted by stockraider > 2024-02-01 12:49 | Report Abuse
Govt has never tax more on the middle income, just that govt a removing some of the subsidy loh!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
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Posted by Income > 2024-01-25 15:01 | Report Abuse
People beginning to Speak Up.
https://www.malaymail.com/news/opinion/2024/01/24/why-is-the-government-pushing-the-burden-of-tax-on-the-middle-class/114204
JANUARY 24 — I didn't agree with the recent broad lowering of the income tax as I didn't see the point of it but now I see that it was really a preparation to impose more taxes on a broader segment
Why tax the rich more when you can just make everything more expensive for everyone? It's really an indication of how the majority of our politicians are not middle-class as they seem to be oblivious about their hardships.