Latest news with #MonitoringSustainabilityofGlobalisation
Malaysiakini
12 hours ago
- Business
- Malaysiakini
Why not tax the rich, asks think tank over looming SST expansion
With Putrajaya expanding the Sales and Services Tax (SST) to many other goods and services beginning next month, a think tank detailed how taxing wealth would generate more revenue instead of imposing a levy on consumption. In a series of infographics, Monitoring Sustainability of Globalisation (MSN) research manager V Aishwarya pointed out that by taxing Malaysia's ultra-rich, the government could generate 60 percent more revenue compared to what SST's expansion brings.
Malaysiakini
2 days ago
- Business
- Malaysiakini
Why not tax the rich, asks think tank over looming SST expansion
With Putrajaya expanding the Sales and Services Tax (SST) to many other goods and services beginning next month, a think tank detailed how taxing wealth would generate more revenue instead of imposing a levy on consumption. In a series of infographics, Monitoring Sustainability of Globalisation (MSN) research manager V Aishwarya pointed out that by taxing Malaysia's ultra-rich, the government could generate 60 percent more revenue compared to what SST's expansion brings.
